24
May
14:57
Thyssenkrupp approves sale of tk Steel stake
The thyssenkrupp AG supervisory board has approved the participation of energy company EP Corporate Group (EPCG) in thyssenkrupp's steel business.
EPCG is to acquire 20% of thyssenkrupp Steel Europe. The executive board of thyssenkrupp AG reached an agreement in principle with EPCG at the end of April (see Kallanish 26 April).
Notably, the vote was decided by the supervisory board chairman’s second vote, which went against the votes of employee represen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous