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Home » THYSSENKRUPP

Business

Thyssenkrupp in talks with peers over steel business: source

mediabest 05/17/2020 GermanySTEELTHYSSENKRUPPUS

FRANKFURT/DUESSELDORF (Reuters) – German ailing conglomerate Thyssenkrupp (TKAG.DE) is in talks with international peers about consolidating its loss-making steel business, a person familiar with the…

View More Thyssenkrupp in talks with peers over steel business: source
Analysis & Comment

Doubts mount over Thyssenkrupp's future strategy

mediabest 02/28/2020 AMPRIVATEEQUTHYSSENKRUPPUS

FRANKFURT (Reuters) – Investors on Friday expressed concerns over whether Thyssenkrupp (TKAG.DE) can come up with a working strategy for its struggling businesses following the…

View More Doubts mount over Thyssenkrupp's future strategy
Analysis & Comment

Buyout bids for Thyssenkrupp Elevator loaded with similar leverage: sources

mediabest 02/26/2020 AMPRIVATEEQUTHYSSENKRUPPUS

FRANKFURT (Reuters) – Private equity suitors for Thyssenkrupp’s (TKAG.DE) elevator division, which is seen fetching around 16 billion euros ($17.4 billion), have submitted offers with…

View More Buyout bids for Thyssenkrupp Elevator loaded with similar leverage: sources
Analysis & Comment

Blackstone, Carlyle make $17.5 billion bid for Thyssenkrupp elevator: sources

mediabest 02/12/2020 ABLACKSTONEMTHYSSENKRUPPUS

FRANKFURT/DUESSELDORF, Germany (Reuters) – A consortium consisting of Blackstone (BX.N), Carlyle (CG.O) and the Canada Pension Plan Investment Board has made a roughly 16 billion…

View More Blackstone, Carlyle make $17.5 billion bid for Thyssenkrupp elevator: sources
Analysis & Comment

Kone leads field with 17 billion euro bid for Thyssenkrupp elevators: sources

mediabest 01/29/2020 ELEVATORSKONETHYSSENKRUPPUS

FRANKFURT (Reuters) – Finland’s Kone (KNEBV.HE) has outbid rival suitors for Thyssenkrupp’s (TKAG.DE) prized elevator division with a preliminary offer of 17 billion euros ($18.9…

View More Kone leads field with 17 billion euro bid for Thyssenkrupp elevators: sources
Analysis & Comment

Thyssenkrupp shortlists three private equity consortia in elevator sale: sources

mediabest 01/20/2020 RESTRUCTURINGTHYSSENKRUPPUS

FRANKFURT/DUESSELDORF, Germany (Reuters) – Thyssenkrupp (TKAG.DE) has shortlisted three private equity consortia in the auction of its prized 15 billion euro ($16.6 billion) elevator business,…

View More Thyssenkrupp shortlists three private equity consortia in elevator sale: sources
Analysis & Comment

Thyssenkrupp shortlists three private equity consortia in elevator sale: sources

mediabest 01/20/2020 RESTRUCTURINGTHYSSENKRUPPUS

FRANKFURT (Reuters) – Thyssenkrupp (TKAG.DE) has shortlisted three private equity consortia in the auction of its prized 15 billion euro ($16.62 billion) elevator business, people…

View More Thyssenkrupp shortlists three private equity consortia in elevator sale: sources
Analysis & Comment

Thyssenkrupp, Kone discuss multi-billion euro break-up fee – sources

mediabest 11/19/2019 AGuernKONEMTHYSSENKRUPPUS

FRANKFURT/DUESSELDORF, Germany (Reuters) – Finland’s Kone (KNEBV.HE) has proposed paying a multi-billion euro break-up fee to Thyssenkrupp (TKAG.DE) in an effort to improve its chances…

View More Thyssenkrupp, Kone discuss multi-billion euro break-up fee – sources
Analysis & Comment

Thyssenkrupp awaits elevator bids, stake size views differ: sources

mediabest 11/06/2019 AfiGermanyMTHYSSENKRUPPUS

FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp (TKAG.DE) will receive first bids for its elevator division this week, three people familiar with the matter said, as key stakeholders…

View More Thyssenkrupp awaits elevator bids, stake size views differ: sources
Analysis & Comment

Thyssenkrupp picks bidders for next round in elevator deal: sources

mediabest 10/22/2019 AfiGermanyMTHYSSENKRUPPUS

FRANKFURT/DUESSELDORF, Germany (Reuters) – At least ten strategic and private equity firms have been invited to submit indicative bids for Thyssenkrupp’s (TKAG.DE) prized elevator division,…

View More Thyssenkrupp picks bidders for next round in elevator deal: sources
Analysis & Comment

Bidders keen on elevator unit: Thyssenkrupp CEO in Spiegel

mediabest 08/16/2019 RESTRUCTURINGTHYSSENKRUPPUS

FRANKFURT (Reuters) – Possible bidders for Thyssenkrupp’s (TKAG.DE) elevator division are under pressure to come up with firm offers, the conglomerate’s chief executive told German…

View More Bidders keen on elevator unit: Thyssenkrupp CEO in Spiegel
Business

Turmoil at Thyssenkrupp marks battle for Germany's economic identity

mediabest 05/17/2019 RESTRUCTURINGTHYSSENKRUPPUS

FRANKFURT (Reuters) – When Thyssenkrupp CEO Guido Kerkhoff announced plans to list its prized elevators unit last week, he set off a battle for the…

View More Turmoil at Thyssenkrupp marks battle for Germany's economic identity
Business

Germany's Thyssenkrupp agrees restructuring approach with labor leaders

mediabest 05/11/2019 GermaSTRATEGYTHYSSENKRUPPUS

DUESSELDORF (Reuters) – Management and labor leaders at Germany’s Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive…

View More Germany's Thyssenkrupp agrees restructuring approach with labor leaders
Business

Activist Elliott has doubts about Thyssenkrupp split: source

mediabest 01/25/2019 RESTRUCTURINGTHYSSENKRUPPUS

FRANKFURT (Reuters) – Activist fund Elliott raised doubts about Thyssenkrupp’s plan to split in two in a letter to the conglomerate’s chief executive last month,…

View More Activist Elliott has doubts about Thyssenkrupp split: source
Europe
Europe

Will the UK run out of vaccines? EU threatens strict controls amid shortage fears

mediabest 01/26/2021

Vaccine row: Commentator says EU is ‘playing tit-for-tat’ More than 6.5million Brits have had a dose of one of the Covid vaccines approved for use…

Europe

Meghan Markle court case fury: Duchess warned she ‘cannot escape’ unwanted outcome

mediabest 01/26/2021

Meghan Markle can’t ‘escape’ court case says expert Meghan Markle will not be able to “escape” her court case going to trial this year, a…

Europe

COVID-19: On-duty Metropolitan Police officers fined for breaking coronavirus rules at station – by having haircuts

mediabest 01/26/2021

More than 30 police officers are to be fined £200 each because they broke coronavirus rules while on duty – by having their hair cut.…

World News
World News

World’s top 10 billionaires ‘could pay for global Covid vaccine’ as wealth soars

mediabest 01/26/2021

The Daily Star’s FREE newsletter is spectacular! Sign up today for the best stories straight to your inbox Lockdown job losses and furloughs have seen…

World News

Covid 19 coronavirus: Cook Islands cancels flight bound for Rarotonga tomorrow

mediabest 01/26/2021

The Cook Islands has cancelled a flight bound for Rarotonga tomorrow. Cook Islands Prime Minister Mark Brown said they want to allow more time for…

World News

Food Network scraps season of cooking show as winner charged with child murder

mediabest 01/26/2021

The Food Network has been forced to cancel an entire season of a cooking show after the winner was charged with the murder of a…

Business
Business

Stock market news live updates: Stock futures open slightly lower after S&P 500, Nasdaq reach record highs

mediabest 01/26/2021

Stock futures opened lower late Monday after a mixed day on Wall Street. Both the S&P 500 and Nasdaq reached record closing highs by the…

Business

Cole Haan Pulls IPO as Market Soars

mediabest 01/25/2021

Cole Haan was so early to the IPO party that it missed it entirely.  The company told the Securities and Exchange Commission it had “determined…

Business

House prices: Twenty years of housing costs beating wages in one heinous chart

mediabest 01/25/2021

Originally published by The Spinoff For two decades, under both National and Labour governments, housing costs have risen far faster than wages. Here’s a horrific…

LIFE
Life

Stock Alert: TFI International Hits New 52-week High On UPS Freight Acquisition

mediabest 01/26/2021

CIT Group Inc. Q4 adjusted earnings Beat Estimates Below are the earnings highlights for CIT Group Inc. (CIT): -Earnings: -$4 million in Q4 vs. $121…

Life

H.B. Fuller Q4 Profit Rises

mediabest 01/26/2021

A Mexican company is turning leftover avocado pits into biodegradable silverware Last year, Americans consumed over 6 billion avocados, leaving behind tons of inedible pits…

Life

Siemens Energy Preliminary Q1 Revenue Up 2.6%; Confirms FY Outlook

mediabest 01/25/2021

German Government Fears Cyber Attacks on Vaccination Centers Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to…

Life

Saudi Arabia Provides Stimulus for Listed Companies in IPO Push

mediabest 01/24/2021

HDFC Bank Q3 net rises 14.36% to ₹8,760 crore Its total income increased to ₹37,522 crore on a standalone basis compared to ₹36,039 crore in…

Life

McGraw Hill Textbook Authors Are Ready to Rumble Over Royalties

mediabest 01/24/2021

Rupee gains 11 paise to finish at 73.04 against U.S. dollar At the interbank forex market, the rupee opened at 73.18 and hit an intra-day…

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