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27 Jun
13:12

Czech billionaire to bid for thyssenkrupp Steel: reports

A new candidate has emerged from the mist of rumours surrounding the potential acquisition of thyssenkrupp’s Steel division as it spins off from its parent group. Czech billionaire Daniel Kretinsky is rumoured to be interested in acquiring a stake in the steelmaker, Der Spiegel reported. Previously, Abu Dhabi-based steelmaker Emirates Steel Arkan (ESA) was reported as a potential buyer, with a formal bid expected in months (see Kallanish 27 April). Other pa…
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