FLSmidth grabs Thyssenkrupp’s mining unit for $386 million

Denmark’s FLSmidth said on Thursday it is buying German engineering firm Thyssenkrupp’s mining business for €325 million (about $386m), closing six months of negotiations between the two companies,  Thyssenkrupp’s mining business, TK Mining, is present in 24 countries with engineering and global service centres, competing with Finland’s Metso Outotec and Sweden’s Sandvik and...

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