Sietas to Sell Neuenfelder to Norway’s TTS, Abendblatt Reports

J.J. Sietas KG will sell its Neuenfelder Maschinenfabrik division to TTS Group ASA (TTS) of Norway, Hamburger Abendblatt reported, citing Berthold Brinkmann, insolvency administrator for the shipyard company.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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