FRANKFURT Nov 29 ThyssenKrupp
announced plans to increase its capital by as much as 10 percent
after striking a deal to sell its U.S. steel plant to
ArcelorMittal and Nippon Steel & Sumitomo Metal
for $1.55 billion.
It also announced late on Friday plans to take back steel
plant Terni and the VDM high-performance alloy unit from
Outokumpu and sell its 29.9 percent stake in the
ThyssenKrupp also said it saw its adjusted earnings before
interest and tax (EBIT) jumping to about 1 billion euros ($1.36
billion) this year, from 599 million euros in its full fiscal
year that ended on Sept. 30.