BERLIN (Reuters) - German steelmaker ThyssenKrupp
Weekly magazine Focus said in an advance release of an article to be published in Monday's edition that ThyssenKrupp, struggling with billions of euros of debt and a loss-making Steel Americas business, had asked potential investors for indicative offers for its automotive operations.
"That's nonsense," a spokeswoman at the Essen-based company told Reuters on Sunday. "We want to develop the business further strategically."
Last year, ThyssenKrupp sold its Tailored Blanks unit, then market leader in laser-welded blanks for the automotive industry, to Chinese peer Wuhan Iron and Steel <600005.SS>.
(Reporting by Matthias Inverardi; Writing by Andreas Cremer; Editing by Mark Potter)