(Makes clear no remark from Thyssenkrupp (ETR:) Metal, not Thyssenkrupp in paragraph 3)
BERLIN (Reuters) -Impartial specialists trying into the monetary wants of Thyssenkrupp’s metal enterprise have taken a optimistic view on its potential to proceed as a going concern, Germany’s Der Spiegel journal reported on Sunday.
Citing knowledgeable sources, Der Spiegel reported that the metal enterprise has monetary safety for at the very least for 2 years.
There was no instant remark from Thyssenkrupp Metal when contacted by Reuters.
In September, Thyssenkrupp commissioned two exterior reviews to take a deep take a look at the metal enterprise’s short- and long-term monetary well being and desires.
Earlier this month, Thyssenkrupp stated it had written down the worth of its metal division by one other 1 billion euros ($1.04 billion), blaming the sector’s worsening outlook primarily on weak demand and Asian competitors.
Thyssenkrupp is pursuing a metal three way partnership with Czech billionaire Daniel Kretinsky however is searching for talks with different steelmakers in case that falls although after earlier makes an attempt to promote the division have failed in recent times.
($1 = 0.9600 euros)
