Thyssenkrupp Steel sees $1.4 bln funding gap in planned divorce from parent
Refiles to correct abbreviation of division in second paragraph to TKSE, not TKMS, no other changes
FRANKFURT, Aug 9 (Reuters) -Thyssenkrupp's TKAG.DE steel division requires around 1.3 billion euros ($1.4 billion) in additional funds beyond what its parent is prepared to pay in a planned separation process, the division's supervisory board chairman said on Friday.
Sigmar Gabriel, who spoke after a supervisory board meeting of Thyssenkrupp Steel Europe (TKSE), said an external audit would now be carried out to determine the unit's restructuring and funding needs.
($1 = 0.9158 euros)
Reporting by Christoph Steitz, editing by Emma-Victoria Farr
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