Thyssen sells stake in Brazil joint venture to CSN


FRANKFURT, June 18 (Reuters) - Germany's ThyssenKrupp has sold its 49-percent stake in Brazilian joint venture GalvaSud to co-owner Companhia Siderurgica Nacional (CSN) , the steel maker said on Friday. The group said it sold the stake because it was uncertain about the development of the auto industry in Brazil and the Mercosur region, which also includes Argentina, Uruguay and Paraguay. ThyssenKrupp said it was questionable when the region would return to sustainable growth. "After ...

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