26.04.2024 08:03:46 - dpa-AFX: Thyssenkrupp's 20% Of Steel Business To Be Bought By EPCG
DUISBURG (dpa-AFX) - ThyssenKrupp AG (TYEKF.PK), German steel and
engineering major, and the EP Corporate Group a.s. or EPCG, announced on Friday
that they have agreed on EPCG's acquisition of a 20 percent stake in
Thyssenkrupp's steel business.
The closing of the transaction is scheduled for this financial year, the
companies said.
In addition, the two companies are in talks for an additional 30 percent
acquisition of the steel business by EPCG to form a 50:50 joint venture.
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