Thyssenkrupp has not been contacted by Elliott since July: CEO

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Reuters FRANKFURT
Last Updated : Nov 21 2018 | 4:25 PM IST

FRANKFURT (Reuters) - Thyssenkrupp has not been contacted by activist fund and shareholder Elliott since July, Chief Executive Guido Kerkhoff told the group's annual press conference on Wednesday.

"We have heard nothing from Elliott since July," Kerkhoff said.

Elliott in May said it had taken a stake in the conglomerate of less than 3 percent, saying there was significant room for improvement at the group.

It has never quantified the stake.

(Reporting by Christoph Steitz and Tom Kaeckenhoff; editing by Thomas Seythal)

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First Published: Nov 21 2018 | 4:13 PM IST

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