Word: ttenunion
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Dates: during 1960-1969
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Other mergers are in the air. Hoesch, the eighth largest German steelmaker, took the plunge last year when it absorbed Dortmund-Hörder Hüttenunion. Until recently, Krupp was believed to be considering merging with Thyssen; now Klöckner is said to be a potential Krupp partner. And two more companies, Salzgitter and Ilseder Hütte, are eyeing each other as possible mates...
...GERMANY, in the third big steel merger since 1964, two Dortmund steel firms, Hoesch A.G. and Dortmund-Hörder Hüttenunion A.G., merged last month, and plan to work closely with The Netherlands' Hoogovens steel firm. The two major Hamburg shipyards, the government-owned Howaldtwerke and the privately owned H. C. Stülcken Sohn, and Siemens, the electrical-equipment makers, have agreed on a merger that may include a fourth firm; the new group would have a shipbuilding capacity of 300,000 tons annually...
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