UPDATE 1-AK Steel in talks for sale - report
(Adds CSN declined to comment)
NEW YORK, July 31 (Reuters) - U.S. steelmaker AK Steel Holding Corp (AKS.N) is looking to sell itself and has had talks with several parties, according to a dealreporter.com article published on the Financial Times website on Thursday.
The company is seeking an all-cash deal, mergers and acquisitions website dealreporter.com said, citing unnamed sources.
The website said ThyssenKrupp AG (TKAG.DE), Evraz Group SA (HK1q.L), CSN (CSNA3.SA) and Severstal (CHMF.MM) were interested in AK Steel.
ThyssenKrupp, Evraz and AK Steel could not be reached immediately for comment. Severstal declined to comment. A CSN spokeswoman said the company has a policy of not commenting on market rumors.
This is not the first time AK Steel has been a rumored takeover target. Over the last two years, United States Steel Corp (X.N) and Arcelor Mittal (ISPA.AS) have also been named in various reports as possible suitors for the company.
AK Steel's shares were up $3.75, or 6.3 percent, to $63.10 in afternoon trade on the New York Stock Exchange. (Reporting by Paritosh Bansal, Matt Daily and Michael Erman in New York and Denise Luna in Rio de Janeiro; editing by John Wallace, Phil Berlowitz)
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