UPDATE 1-Thyssen no longer sees European shipyard merger

Newswire

(Adds details, background, pvs FRANKFURT) By Baerbel Brockmann KIEL, Germany, June 20 (Reuters) - German steel and industrial goods maker ThyssenKrupp sees no reason to join further consolidation attempts of the European naval shipyard industry, it said. "There is no reason at all to press forward with the further consolidation of the European shipyards," Thyssen management board member Olaf Berlien told journalists at Thyssen's HDW shipyard over the weekend, in remarks embargoed for ...

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