News: Aperam SA (APAM.AS)

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Thu, Mar 12 2015

UPDATE 2-Thyssen's VDM attracts interest from Aperam, PE -sources

* Book value together with AST unit over 900 million euros (Adds details of potential buyers)

Thyssen's VDM attracts interest from Aperam, PE: sources

FRANKFURT - German steelmaker ThyssenKrupp has attracted interest from peer Aperam as well as buyout groups Gores Group and Lindsay Goldberg for its high-performance alloy unit VDM, as it renews efforts to draw a line under an ill-fated venture, sources said.

ThyssenKrupp in talks to sell VDM to Aperam - Sueddeutsche Zeitung

DUESSELDORF/BRUSSELS, Jan 29 - Germany's ThyssenKrupp is in advanced talks to sell its stainless steel business VDM, Germany's Sueddeutsche Zeitung newspaper reported, adding Luxembourg-based steelmaker Aperam was the front-runner to buy it.

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