Thyssenkrupp Meets to Discuss Tata Deal After Valuation Gap Report -Handelsblatt
June 13 2018 - 3:57AM
Dow Jones News
--Thyssenkrupp's supervisory board will discuss the planned
merger of the company's European steel operations with Tata Steel
on Wednesday, Handelsblatt says, a transaction that has faced
criticism from shareholders.
--Goldman Sachs has estimated that the value of Thyssenkrupp's
steel operations has increased significantly since the deal was
initially agreed, the newspaper says, creating a valuation gap.
--Thyssenkrupp's management is already negotiating potential
changes to the terms with Tata Steel, according to
Handelsblatt.
Full story in German: https://bit.ly/2sT7Vof
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
June 13, 2018 03:42 ET (07:42 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Thyssenkrupp (PK) (USOTC:TKAMY)
Historical Stock Chart
From May 2024 to Jun 2024
Thyssenkrupp (PK) (USOTC:TKAMY)
Historical Stock Chart
From Jun 2023 to Jun 2024