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ThyssenKrupp Group Stopped At Stock Exchange

Author: Tyrepress Editors Comments: 0

ThyssenKrupp is not able to bring its subsidiary steel company to the stock exchange for a reasonable price, due to current weak circumstances. Institutional investors were not sufficiently interested in the shares. The group calculated up to 4 bn Euros for the steel company.

It is now unlikely that ThyssenKrupp could start a raid on Continental. The management made clear that it is streamlining the whole business and focusing, among other things, on the automotive field..

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