The two companies hope a joint venture would be better equipped to tackle chronic problems in the sector. But the deal faces major obstacles.

BING NEWS:
  • Czech tycoon Kretinsky enters steel business with 20% stake in Thyssenkrupp
    By Albin Sybera Czech energy and media oligarch Daniel Kretinsky’s EP Corporate Group announced last week that it will acquire 20% of ThyssenKrupp Steel Europe. “The parties agreed not to disclose any ...
    04/28/2024 - 10:58 pm | View Link
  • Thyssenkrupp to Sell 20% Stake in Steel Business to Kretinsky’s EP
    Thyssenkrupp has agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP Corporate Group for an undisclosed sum, settling on a partial divestment after yearslong ...
    04/25/2024 - 9:25 pm | View Link
  • Shares in Thyssenkrupp Climb on Steel Deal
    By Sarah Sloat Shares in Thyssenkrupp climbed after the German industrial group said it struck a deal to sell a 20% stake in its steel operations to ...
    04/25/2024 - 8:47 pm | View Link
  • Tata Steel workers protest over proposed job losses
    Speaking at the Port Talbot rally, Unite general secretary Sharon Graham said there have been almost 6,400 jobs lost in the British steel industry since 2015. "Together our politicians have sat by ...
    02/16/2024 - 11:00 am | View Link
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