September 08, 2008

ThyssenKrupp denies interest in Serbian RTB

It is reported that ThyssenKrupp AG, rebuffing media reports, denied that it is interested in acquiring Serbian copper maker RTB.

The Serbian government in early April vowed to cancel a contract on the sale of RTB to Austria's A-Tec Industries AG after it failed to meet a payment deadline and asked for more time. A sale to SMR of Russian billionaire Mr Oleg Deripaska also fell through last week.