Thyssenkrupp
Loss-making Thyssenkrupp Steel plans to reduce workforce by around 40%
The company says urgent measures are required to improve its own productivity and operating efficiency
Thyssenkrupp takes US$1 billion hit on steel unit as outlook darkens
Thyssenkrupp hopes that Czech billionaire Daniel Kretinsky, who already owns 20% of the company, will raise his stake to 50%
Thyssenkrupp crisis deepens as heads of steel unit quit
THE crisis at the steel unit of Thyssenkrupp deepened on Thursday as its chief executive and the head of its supervisory board quit over their ongoing conflict with the German conglomerate’s CEO.
Thyssenkrupp, Adnoc sign MoU to cooperate on ammonium cracking plant
THYSSENKRUPP and Abu Dhabi National Oil Co (ADNOC) have signed a memorandum of understanding (MoU) to cooperate on technology that allows the extraction of hydrogen from ammonia on an industrial scale...
Thyssenkrupp, Tata lose fight against EU veto of joint venture
THYSSENKRUPP and Tata Steel have lost their fight against a European Union (EU) antitrust veto of their proposed landmark joint venture, after Europe’s second-highest court rejected their arguments.
Kone makes highest offer for Thyssenkrupp elevators: sources
[LONDON] Kone Oyj handed in the highest offer for Thyssenkrupp AG's elevator business, as the Finnish company tries to outbid buyout firms by a wide enough margin to overcome antitrust concerns, peopl...

Brookfield, Temasek still in the running for Thyssenkrupp's 15b euro elevator unit
[LONDON] Embattled steel giant Thyssenkrupp AG has narrowed the list of bidders for its elevator unit, which is expected to fetch more than 15 billion euros (S$22.46 billion), people familiar with the...
Thousands of Thyssenkrupp steelworkers protest against German job cuts
[FRANKFURT] Thousands of Thyssenkrupp steelworkers in Germany on Tuesday protested against planned job cuts, accusing bosses at the struggling conglomerate of mismanagement after a failed merger bid w...

GIC raises stake in German conglomerate Thyssenkrupp
[FRANKFURT] Singapore's sovereign wealth fund GIC Pte Ltd has increased its stake in ailing German conglomerate Thyssenkrupp, a regulatory filing showed on Friday.
Thyssenkrupp eyeing outgoing Daimler CFO as chairman: sources
GERMAN multinational conglomerate Thyssenkrupp will propose Daimler's outgoing chief financial officer Bodo Uebber as a candidate for its supervisory board, with the aim of installing him as chairman,...