UDPATE 1-ThyssenKrupp freezes new business in Iran

Newswire

* ThyssenKrupp says won't enter into new contracts in Iran * To exit existing interests in Iran as soon as possible * Says move supports German, EU, U.S. sanctions policies * Shares fall 1.8 percent, blue-chip DAX index down 0.7 pct (Adds details, background) FRANKFURT, Sept 23 (Reuters) - ThyssenKrupp said it is freezing all new business with Iran with immediate effect and will terminate existing contracts there as soon as possible in response to ever-harsher sanctions on the ...

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