You are here: Home » Reuters » News
Business Standard

Chairman, top shareholder rule out break-up of Thyssenkrupp

Reuters  |  FRANKFURT/DUESSELDORF 

By Christoph Steitz and Tom KäckenhoffFRANKFURT/DUESSELDORF (Reuters) - A break-up of Thyssenkrupp is out of the question, according to both its supervisory board chairman and top shareholder, taking aim at investors that have called for a radical overhaul of the German industrial group.Speculation about Thyssenkrupp's future has intensified following the resignation of CEO Heinrich Hiesinger last week."I think this (a break-up) would be a totally wrong move," Chairman Ulrich Lehner told German weekly paper Die Zeit in an interview published on Wednesday.He added there were no plans to divest ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, July 11 2018. 19:24 IST
RECOMMENDED FOR YOU