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Chairman, top shareholder rule out break-up of Thyssenkrupp


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 ...

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