10:48 AM EST, 01/31/2025 (MT Newswires) -- Deutsche Bank ( DB ) and Strategic Value Partners, among other owners of Celsa Group, will approach Spanish investors for a capital increase for the steelmaker, Bloomberg reported Friday, citing people familiar with the matter.

Investors may buy into Celsa on their own or as a group with the Barcelona-based company starting a formal process to sell up to a 20% stake to Spanish investors, the report said.

Celsa and Strategic Value declined to comment, and Deutsche Bank ( DB ) didn't respond to a request for comment, Bloomberg said.

The companies didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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