Cevian says may further raise stake in ThyssenKrupp
DUESSELDORF, Germany (Reuters) - Swedish activist shareholder Cevian may further increase its 5.2 percent holding in struggling ThyssenKrupp (TKAG.DE) but does not plan to fully take over the German steelmaker, a spokeswoman for the investor said.
ThyssenKrupp Chief Executive Heinrich Hiesinger, whose company recently breached its loan covenants and had to receive a waiver from creditors, said he welcomed Cevian as a new major shareholder.
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