UPDATE 1-Salzgitter not planning to buy into Volkswagen

Newswire

(Adds background, share) HANOVER, Germany, Jan 23 (Reuters) - Germany's second-largest steelmaker, Salzgitter AG , is not planning to acquire a holding in Volkswagen , the company said on Monday. "Buying a stake has not been and is not an issue," a spokesman for Salzgitter said. Der Spiegel magazine reported on Sunday that the conservative premier of the German state of Lower Saxony, Christian Wulff, said Salzgitter was willing to dip into its 1 billion euros ($1.22 billion) in ...

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