Thyssenkrupp AG (TKAG.DE)
FRANKFURT/DUESSELDORF Germany's Thyssenkrupp and India's Tata Steel are struggling to get the planned merger of their European steel operations on track due to diverging values of their businesses, people familiar with the matter said.
* Thyssenkrupp says sticking to communicated timeframe (Adds Thyssenkrupp spokesman on timetable)
* Situation is "deeply regrettable" - Tata Steel works council
DUESSELDORF Thyssenkrupp has considered a sale of its shipbuilding unit Marine Systems in the past, the subsidiary's management said in a internal note to staff obtained by Reuters.
BERLIN, May 24 Commerzbank and Thyssenkrupp have replicated a foreign exchange transaction using blockchain, the first such deal involving a large German company which proponents say could make doing business cheaper and quicker.
FRANKFURT/BERLIN Activist hedge fund Elliott said on Thursday it would step up pressure on Thyssenkrupp's leadership to revive the German industrial conglomerate's fortunes, confirming it had taken a stake of less than 3 percent.
* Thyssenkrupp shares up 1.6 percent (Recasts, adds context on Elliott, updates shares)
BERLIN, May 24 Hedge fund Elliott said it sees room for significant improvement at Thyssenkrupp, confirming it had taken a stake in the German industrial group.
FRANKFURT/DUESSELDORF, Germany Heinrich Hiesinger's position as Thyssenkrupp's CEO is more precarious than it has ever been as he prepares to unveil a new strategy to placate impatient investors, including Cevian and Elliott, people familiar with the matter said.
FRANKFURT/DUESSELDORF, Germany, May 23 Heinrich Hiesinger's position as Thyssenkrupp's CEO is more precarious than it has ever been as he prepares to unveil a new strategy to placate impatient investors, including Cevian and Elliott, people familiar with the matter said.