German industrial group Thyssenkrupp has agreed the sale of its Infrastructure business to compatriot company FMC Beteiligungs KG, an entrepreneur-led investment firm, Thyssenkrupp said on Thursday August 5.
The deal was expected to be closed later this year but will be subject to approval from merger control authorities as well as Thyssenkrupp's own supervisory board. The financial details of the transaction were not disclosed.Thyssenkrupp Infrastructure employs around 480 people, working in the...