26
Apr
15:46
Czechia’s EP acquires 20% thyssenkrupp Steel stake
Thyssenkrupp and Czech energy company EP Corporate Group have agreed that EP will take a 20% stake in thyssenkrupp's steel business.
The parties agreed not to disclose any valuation of the transaction, which is expected to close in thyssenkrupp’s current fiscal year, meaning by 30 September. It is subject to approval from the relevant authorities and the supervisory board of thyssenkrupp AG.
The parties are discussing the transfer of a further 30% stake…
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Anonymous
Very good overview of the weekly steel market.
Anonymous