FRANKFURT—The boss of Thyssenkrupp AG is finally on the brink of putting steel in the German company’s past—if he can sever ties with its European steel legacy. The storied industrial firm, which traces its roots to the early 19th century, took a big step away from its once-core steel business when it unexpectedly announced late last month the sale of the last of its beleaguered steel assets in the Americas, a Brazilian plant. The deal, flagged by The Wall Street Journal in October, is the most concrete sign to date that...

Source: Wall Street Journal March 26, 2017 18:45 UTC