Italy's Sogefi steps away from ThyssenKrupp asset sale

Newswire

MILAN, Nov 27 (Reuters) - Italian car components maker Sogefi said on Tuesday it has ended talks to buy ThyssenKrupp's suspension business, Eibach Federn. "We have decided not to continue," said Sogefi Chairman Rodolfo De Benedetti. "We are focused on organic growth, especially in emerging markets. There are no acquisition talks on the table." ThyssenKrupp was in talks to sell the springs and stabilizers business, which was carved out of its Bilstein Group unit, ...

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