Voestalpine aims to reduce debt and sees no acquisition targets
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Friday, 20 Nov 2009
voestalpine AG said that it wants to reduce net gearing to 50% to 70% within 3 years.
It added that it will not make a decision about new black sea steel plant in the next 5 years and there are not many attractive acquisition targets at the moment.
(Sourced from www.reuters.com)
