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29 Sep
13:11

Křetínský seeks 50% thyssenkrupp Steel stake: reports

Thyssenkrupp is about to sell a stake of 50% in its tk Steel unit to Czech billionaire Daniel Křetínský, German media reports. Over recent months, Křetínský was heard to have emerged as an investor candidate in tk Steel (see Kallanish passim). Only some weeks ago, thyssenkrupp steel chief executive Bernhard Osburg was quoted as saying he is open to any investor who contributes to the strength of a major stakeholder. He said he especiall…
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