thyssenkrupp : Could a TKMS deal be on the cards?
>Steps to be taken: 1/ German state with stake, 2/ PE majority stakeholding, 3/ industry consolidation - According to Handelsblatt (HB), tk is in tight negotiations with a private equity fund (initial press reports in Dec. 22/Sept. 23) regarding a potential majority stake holding in TKMS (Carlyle mentioned in the past). The German state would take a minority stake in such a scenario, so that customers do not insist on guarantees (~€ 8bn, according to HB). At a later s...ThyssenKrupp is the parent company of the ThyssenKrupp Group. Co. has six business areas: Components Technology, which provides components for the automotive and machinery sectors; Elevator Technology, which supplies passenger and freight elevators, escalators and moving walks, passenger boarding bridges, stair and platform lifts; Industrial Solutions, which comprises the System Engineering and Marine Systems units; Materials Services, which focuses on materials distribution and technical services; Steel Europe, which develops, produces and markets flat carbon steel in the European market; and Steel Americas, which produces, processes and markets steel products in North and South America.
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