Thyssenkrupp AG and Tata Steel Ltd.’s attempts to combine their European steel operations are centered on how to value Tata’s troubled U.K. assets, according to people familiar with the matter.
- The Wall Street Journal•20 days ago
German industrial conglomerate Thyssenkrupp reported a 34% slide in net profit, weighed down by drops in global steel and material prices.
- Reuters•20 days ago
Britain's vote to leave the European Union does not change the likelihood of Thyssenkrupp and Tata merging their steel operations, Thyssenkrupp's finance chief said. "Brexit is something that definitely affects us on the timeline... for the discussion, it's actually neutral," Guido Kerkhoff told reporters on a conference call after Thyssenkrupp reported third-quarter results on Thursday. Germany's Thyssenkrupp and India's Tata Steel confirmed last month they were in talks about a consolidation of beleaguered European steel mills that are hit by overcapacity, weak demand and cheap imports.
Stuttgart - Stuttgart Delayed Price. Currency in EUR
|Bid||20.76 x 200000|
|Ask||20.87 x 200000|
|Day's Range||20.77 - 21.17|
|52wk Range||12.60 - 22.21|
|1y Target Est||N/A|
|P/E Ratio (ttm)||N/A|
|Avg Vol (3m)||29,445|
|Dividend & Yield||N/A (N/A)|