ThyssenKrupp to sell U.S. plant for $1.97 billion: report

ThyssenKrupp (TKA.DE) will sell its U.S. steel plant to a consortium of ArcelorMittal (MT.AS) and Nippon Steel & Sumitomo Metal in a deal worth 200 billion yen ($1.97 billion), Japan's Nikkei newspaper reported in its online edition on Tuesday, without citing sources. Three people familiar with the matter told Reuters last week that Germany's ThyssenKrupp was in exclusive talks to sell the plant to ArcelorMittal and Nippon Steel, the world's two biggest steelmakers. ArcelorMittal referred to a statement on November 7, in which the group said it was interested in the plant, but gave no further comment. Nippon Steel was not immediately available for comment outside regular business hours.

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