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Voestalpine aims to reduce debt and sees no acquisition targets
Friday, 20 Nov 2009
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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)

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