#thyssenkrupp

11:32am, 12th May, 2019

Germany's Thyssenkrupp to seek new steel partners, CEO tells paper

Thyssenkrupp will still seek partners for its steel operations after abandoning a European merger with India's Tata Steel, Chief Executive Guido Kerkhoff said in comments published on Sunday.

Germany's Thyssenkrupp agrees restructuring approach with labor leaders

3:13pm, 11th May, 2019

Business

Germany's Thyssenkrupp agrees restructuring approach with labor leaders

Management and labor leaders at Germany's Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs.

2:40am, 10th May, 2019

Business

Exclusive: Thyssenkrupp to consider partial listing of elevators business, abandons split

Thyssenkrupp is considering a carve-out or listing of its elevators business after abandoning plans to split itself up with a cross-shareholding structure, three sources familiar with the matter told Reuters on Friday.

Thyssenkrupp board backs split, confirms Kerkhoff as CEO

12:00pm, 30th September, 2018

Business

Thyssenkrupp board backs split, confirms Kerkhoff as CEO

Thyssenkrupp said on Sunday that its supervisory board had unanimously approved plans to split the conglomerate in two, paving the way for the group's largest restructuring in decades.

Thyssenkrupp needs new strategy, targets not enough: investor

8:47am, 11th August, 2018

Business

Thyssenkrupp needs new strategy, targets not enough: investor

Thyssenkrupp needs a broad overhaul in strategy carried about by a new external chief executive, as mid-term targets announced this week will not be enough to put the German group back on track, according to one of its investors.

Merkel says ThyssenKrupp structure is a commercial matter

5:27am, 20th July, 2018

Business

Merkel says ThyssenKrupp structure is a commercial matter

The structure of German submarines-to-lifts conglomerate ThyssenKrupp is a commercial matter, Chancellor Angela Merkel said on Friday.

Thyssenkrupp investor Elliott demands appointment of new 'external' CEO

3:25am, 19th July, 2018

Business

Thyssenkrupp investor Elliott demands appointment of new 'external' CEO

Thyssenkrupp should replace Guido Kerkhoff as chief executive with a new external candidate, activist investor Elliott Associates told the company's supervisory board.

Thyssenkrupp leadership vacuum revives restructuring hopes

2:47am, 17th July, 2018

Business

Thyssenkrupp leadership vacuum revives restructuring hopes

Thyssenkrupp shares were indicated 3.4 percent higher early on Tuesday as analysts expect a deeper restructuring of the German submarines-to-elevators conglomerate after the resignation of its chairman.

Thyssenkrupp faces leadership turmoil as chairman quits

12:03pm, 16th July, 2018

Business

Thyssenkrupp faces leadership turmoil as chairman quits

The chairman of embattled German industrial group Thyssenkrupp resigned on Monday, following the company's chief executive out the door under pressure from activist shareholders pushing for radical restructuring of the group.

Thyssenkrupp names finance chief Kerkhoff as interim CEO

9:08am, 13th July, 2018

Business

Thyssenkrupp names finance chief Kerkhoff as interim CEO

Chief Financial Officer Guido Kerkhoff was named interim CEO of Thyssenkrupp on Friday and won the backing of the German industrial group's biggest shareholder, as the search began for a permanent replacement for Heinrich Hiesinger.