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ThyssenKrupp AG (TKAG.DE)

TKAG.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Tata Steel announces developments regarding European business strategy
Friday, 8 Jul 2016 01:18pm EDT 

: Tata Steel says will now begin process for potential sale of South Yorkshire based speciality steels business and the hartlepool pipe mills in the UK . Tata Steel to explore feasability of strategic collaborations through potential joint venture . Based speciality steels business and the Hartlepool pipe mills in the UK . Tata Steel says entered into discussions with strategic players in the steel industry including Thyssenkrupp AG . Tata Steel says received interest from several bidders for speciality steels and pipe mills in each case, formal process will be commencing shortly (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780).  Full Article

Thyssenkrupp says wins Riyadh Metro elevator contract
Wednesday, 6 Jul 2016 04:22am EDT 

Thyssenkrupp Ag : Thyssenkrupp says awarded a contract to design, manufacture, supply, install and maintain 641 elevators and escalators for lines 1 and 2 of the riyadh metro in saudi arabia. Further company coverage: [TKAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Thyssenkrupp says acquisition of minority stake in CSA completed
Wednesday, 1 Jun 2016 01:01am EDT 

Thyssenkrupp AG : Thyssenkrupp says all conditions to complete transaction have been fulfilled . Says now sole owner of Brazilian steel plant Thyssenkrupp CSA . Thyssenkrupp says transaction has not created need for financing Further company coverage: [TKAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +496975651270;)).  Full Article

Thyssenkrupp says going for pricing versus volume
Tuesday, 10 May 2016 08:59am EDT 

Thyssenkrupp : CFO says AST is also on list of non-core assets we'd like to dispose of . CFO says in negotiations on some big-ticket contracts for industrial solutions . Says price pressure in elevators in China in single-digit percent . CFO says definitely wants to sell Brazilian CSA but not so easy in current market . CFO says going for pricing versus volume in Steel Europe, contract/spot focus not shifting Further company coverage: [TKAG.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

Thyssenkrupp sees Q3 adjusted EBIT down y/y, up q/q-slides
Tuesday, 10 May 2016 01:31am EDT 

Thyssenkrupp says sees Q3 Adjusted EBIT Down Y/Y, Up Q/Q : Says sees H2 adjusted EBIT above h1 for capital goods and all materials -slides . Says sees significant improvement in Q3 adjusted EBIT q/q -slides . Sees significant sequential improvement in cash flow in Q3 and H2 . Sees positive free cash flow before M&A in H2 -slides Further company coverage: [TKAG.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

ThyssenKrupp AG - German union IG Metall says to strike in nortrhein-westfalia - Reuters News
Thursday, 14 Apr 2016 01:01pm EDT 

ThyssenKrupp AG:Says to strike in Nortrhein-Westfalia from april 29 in metal and electronics industry - RTRS.  Full Article

ThyssenKrupp raises issue amount of March 2016 bond by 100 mln euros
Friday, 18 Mar 2016 07:28am EDT 

ThyssenKrupp AG:Says has increased issue amount of 2.75 pct bond issued in March 2016 by 100 million euros to a total of 850 million​ euros.  Full Article

ThyssenKrupp AG to revamp Industrial Solutions -Handelsblatt - Reuters News
Thursday, 17 Mar 2016 09:33am EDT 

ThyssenKrupp AG:Head of the Industrial Solutions division tells Handelsblatt that Thyssenkrupp will reorganise the business to deal with slowing economies in important markets.Jens Michael Wegmann says the company is still happy with current economic developments but: "We feel the strong competition - we have to position ourselves differently".Wegmann says whether any of the division's 19,000 jobs will be cut depends less on the new organisation than on the development of order intake.  Full Article

ThyssenKrupp issues bond with a volume of 750 million euros
Monday, 29 Feb 2016 07:00pm EST 

ThyssenKrupp AG:Issues bond with a volume of 750 million euros.Bond, which was issued with a maturity of 5 years, carries a coupon of 2.75 percent p.a. at an issue price of 99.425 percent.Bond has a minimum denomination of 1,000 euros and is therefore eligible to be bought at the stock exchange by retail investors - presumably starting on March 8.  Full Article

ThyssenKrupp builds new auto parts plant in Hungary - Reuters
Tuesday, 23 Feb 2016 03:15am EST 

ThyssenKrupp AG:Is investing 100 million euros to build a new engine and steering components plant in Hungary - Reuters.  Full Article

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Order blocking permit for ThyssenKrupp Brazil mill lifted

RIO DE JANEIRO A Brazilian judge on Thursday lifted an injunction blocking Rio de Janeiro from granting an operating license for ThyssenKrupp AG's Cia Siderurgica do Atlantico steel mill, saying there were no irregularities in the 11-year permit process.