11
Jun
15:02
Thyssenkrupp stakeholder questions merger with Tata
US investment fund Elliott is reported to be pressuring thyssenkrupp’s management over the merger of the steel division with Tata Steel Europe. The crucial point is the diverging recent profit figures at the two groups, with tk Steel having performed significantly better.
Elliott emerged last month as a new stakeholder in tk AG, with a shareholding of over 3%. The US fund is known for being proactive and even bullish with the companies it invests in. Accor…
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Anonymous
Very good overview of the weekly steel market.
Anonymous