German copper giant Aurubis is in advanced negotiations to sell its Flat Rolled Products division to semi-finished product manufacturer Wieland-Werke.
The deal will see Aurubis, Europe's largest refined copper producer by volume, offload the division, which had revenues of ?,?1.3 billion last year and produced 230,000 tonnes of copper products across sites in the United States, the Netherlands, Finland and Germany. Wieland-Werke will also be purchasing the additional half of...