Thyssen about to sign HDW submarine deal-sources

Newswire

DUESSELDORF, Germany, Sept 24 - Germany's ThyssenKrupp AG will probably sign an agreement this month to buy submarine manufacturer HDW, sources close to talks between the companies told Reuters on Friday. The deal, which follows years of negotiations, will make the industrial conglomerate Europe's largest naval shipbuilder. Thyssen, whose businesses include making naval frigates, said earlier this year it had signed a letter of intent to buy HDW for 240 million euros ($295 million). ...

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