Billionaire Kretinsky Exits Thyssenkrupp Steel Unit as Talks End
19 Articles
19 Articles
Thyssenkrupp is looking for buyers for the crisis-riding steel subsidiary TKSE. Czech billionaire Daniel Křetínský now returns his minority share – thus paving the way for bidders from India.
The steel division of Thyssenkrupp weakens. EP Group had bought a 20 percent share and wanted to increase it. However, the parties could not agree.
Daniel Kretinsky had great plans with Duisburger Stahl. Now the dazzling billionaire throws down and gets his money back. Thyssenkrupp puts everything on the Indian card. As it goes on now.
The planned steel joint venture between Thyssenkrupp and the Czech EP Group does not come about. The steel manufacturer is now focusing on discussions with a new interested party.
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