HKM SALE FAILURE ROCKS STEEL CITY DUISBURG!

HKM SALE FAILURE ROCKS STEEL CITY DUISBURG!

Federal President of the Bundestag, Bärbel Bas (SPD), expresses concern over the failure of the sale of Hüttenwerke Krupp-Mannesmann (HKM).

“The failure of the sales negotiations with CE Capital Partners concerning HKM is a matter of great concern for me. HKM has a convincing business plan for the future. Now, high-pressure talks with potential investors must be continued” said the Duisburg-based Bundestag member to the “Rheinische Post” (Saturday edition).

She emphasizes: “A successful sale is of decisive importance for the 3,000 employees and for Duisburg as a steel location.” Thyssenkrupp Steel announced on Friday that CE Capital Partners had terminated the talks on the acquisition of HKM.