AIAGY Aurubis AG (PK)

By Friedrich Geiger

BERLIN--German steel company Salzgitter AG's (SZG.XE) Chief Executive Heinz Joerg Fuhrmann is open to a merger with copper maker Aurubis AG (NDA.XE), he told magazine Euro am Sonntag.

"I could well imagine that, one day, Aurubis and Salzgitter become one company," he said, according to excerpts of an interview to be published Sunday. Salzgitter owns a 25% stake in Hamburg-based Aurubis.

"There's an economic logic for it, such as developing industrial processes together in the future," he is quoted as saying.

He doesn't want to merge with rival steel company ThyssenKrupp AG (TKA.XE), Mr. Fuhrmann said, according to the magazine.

-Write to Friedrich Geiger at friedrich.geiger@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

September 26, 2015 06:33 ET (10:33 GMT)

Aurubis (PK) (USOTC:AIAGY)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Aurubis (PK) (USOTC:AIAGY)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024