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Page 3 - Thyssenkrupp

ThyssenKrupp plans elevator IPO, abandons idea to split into two

ThyssenKrupp decided on Friday against an earlier plan to spin off the steel operations into a joint venture with Tata Steel after deciding regulators were likely to reject it

ThyssenKrupp plans elevator IPO, abandons idea to split into two
Updated On : 10 May 2019 | 11:28 PM IST

Thyssenkrupp says expects EU to block its Tata steel merger plan

"Thyssenkrupp and Tata Steel expect that the planned joint venture of their European steel activities will not go ahead due to the Commission's continuing concerns," the German company said

Thyssenkrupp says expects EU to block its Tata steel merger plan
Updated On : 10 May 2019 | 3:45 PM IST

Thyssenkrupp appoints Manish Mehan as CEO with effect from April 1

Earlier, Mehan held the position of Chief Financial Officer (CFO) in thyssenkrupp Elevator (India) for the last 12 years

Thyssenkrupp appoints Manish Mehan as CEO  with effect from April 1
Updated On : 09 Apr 2019 | 7:29 PM IST

ThyssenKrupp, Tata Steel, table 'comprehensive' solutions for JV

Following an agreed extension last month for further negotiations, ThyssenKrupp confirmed it had submitted a "substantial" offer to the European Commission

ThyssenKrupp, Tata Steel, table 'comprehensive' solutions for JV
Updated On : 02 Apr 2019 | 9:01 PM IST

Vivek Batia appointed as MD, CEO of ThyssenKrupp Industries India

Bhatia was earlier CEO - Asia Pacific at ThyssenKrupp AG

Vivek Batia appointed as MD, CEO of ThyssenKrupp Industries India
Updated On : 31 Dec 2018 | 4:08 PM IST

Thyssenkrupp board approves split into two units, names new Chairman

For Thyssenkrupp, once an icon of German industrial might, the restructuring follows months of turmoil

Thyssenkrupp board approves split into two units, names new Chairman
Updated On : 30 Sep 2018 | 9:53 PM IST

Thyssenkrupp mulls separation of major businesses, no formal decision yet

Shares in the group rose by more than 5% on the news to hit a seven-week high

Thyssenkrupp mulls separation of major businesses, no formal decision yet
Updated On : 27 Sep 2018 | 6:33 PM IST

Thyssenkrupp bags Rs 4.1 bn order from Mazagon Docks to refit submarine

The medium refit and life certification (MRLC) contract for the submarine will commence next month and is expected to be completed by 2021

Thyssenkrupp bags Rs 4.1 bn order from Mazagon Docks to refit submarine
Updated On : 26 Sep 2018 | 8:31 PM IST

Thyssenkrupp interim CEO junks reports of breakdown in JV deal with Tata

Last week, media reports said the implementation of the landmark deal, signed in late June, was stalling over the sudden departure of Thyssenkrupp's CEO Heinrich Hiesinger

Thyssenkrupp interim CEO junks reports of breakdown in JV deal with Tata
Updated On : 20 Sep 2018 | 6:04 PM IST

Thyssenkrupp overhaul okay if our interests are protected: New union boss

The 47-year-old Dirk Sievers succeeds Wilhelm Segerath and will also take over his seat on ThyssenKrupp's 20-member supervisory board, half of which is controlled by worker representatives

Thyssenkrupp overhaul okay if our interests are protected: New union boss
Updated On : 18 Sep 2018 | 5:22 PM IST

Thyssenkrupp faces pressure from investors to find new chairman by Sept

The search for chairman is being handled by the 5-member nomination committee of Thyssenkrupp's supervisory board

Thyssenkrupp faces pressure from investors to find new chairman by Sept
Updated On : 20 Aug 2018 | 8:42 PM IST

Thyssenkrupp appoints labour representative as interim chairman

Lehner recently announced he would quit the conglomerate at the end of July

Thyssenkrupp appoints labour representative as interim chairman
Updated On : 31 Jul 2018 | 11:20 PM IST

Won't allow firm to break up under my watch: Thyssenkrupp foundation head

Gather and Cevian aim to find a consensus over the choice of candidates for a new supervisory board chairman

Won't allow firm to break up under my watch: Thyssenkrupp foundation head
Updated On : 28 Jul 2018 | 5:36 PM IST

ThyssenKrupp labour union, activist investor Cevian Capital call for peace

Thyssenkrupp shares rallied 9.1% on Tuesday, fueled by speculation that the company is heading for a breakup

ThyssenKrupp labour union, activist investor Cevian Capital call for peace
Updated On : 18 Jul 2018 | 3:27 PM IST

Thyssenkrupp at crossroads; faces aggressive restructuring as bosses quit

Beyond their fundamental differences with bosses over the company's direction, the investors also were displeased by the details of the Tata deal

Thyssenkrupp at crossroads; faces aggressive restructuring as bosses quit
Updated On : 18 Jul 2018 | 7:13 AM IST

Thyssenkrupp names finance chief Guido Kerkhoff as interim CEO

Hiesinger quit after failing to win unanimous shareholder backing for a deal to create a steel joint venture with India's Tata Steel

Thyssenkrupp names finance chief Guido Kerkhoff as interim CEO
Updated On : 13 Jul 2018 | 3:10 PM IST

German state premier backs Thyssenkrupp chairman, opposes company's breakup

The Krupp foundation will meet on Friday and Knut Giesler, the regional leader of the IG Metall industrial union, said it would be vital for it to back a "sustainable" strategy for ThyssenKrupp

German state premier backs Thyssenkrupp chairman, opposes company's breakup
Updated On : 13 Jul 2018 | 6:41 AM IST

Thyssenkrupp's labour representatives back planned JV with Tata Steel

The joint venture that has now been agreed is better than any joint venture that would have been created without the participation of the labour side

Thyssenkrupp's labour representatives back planned JV with Tata Steel
Updated On : 28 Jun 2018 | 7:23 PM IST

Thyssenkrupp cuts profit margin outlook for capital goods business

Thyssenkrupp blamed a strong euro and higher material costs for the cut in margin guidance at the capital goods business

Thyssenkrupp cuts profit margin outlook for capital goods business
Updated On : 15 May 2018 | 5:30 PM IST

Thyssenkrupp chairman rejects investor calls to break up the group

Thyssenkrupp Chairman Ulrich Lehner rejected investors' plan to break up the group

Thyssenkrupp chairman rejects investor calls to break up the group
Updated On : 05 Dec 2017 | 1:16 PM IST