Last week, several reports appeared in the global press indicating that Thyssenkrupp has initiated a sale process for AST.
Thyssenkrupp, however, denied such speculation. “At this point, we have not initiated a sale process,” the company’s spokesperson told Fastmarkets.
The company did, however, add that it would consider partnerships or a sale of AST in future.
“Thyssenkrupp is currently realigning...