01
Jun
15:58
Construction company eyes higher stake in Salzgitter
GP Günter Papenburg, a German construction group, has informed Salzgitter that it intends to increase its stake in the steelmaker. GP currently owns 10.10% of the voting rights, which possibly makes it the largest single stakeholder in Salzgitter apart from the State of Lower Saxony, which owns a blocking minority of 25+%.
“Our participation in Salzgitter AG primarily serves the implementation of our own strategic goals,” GP writes in a note to Sa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous