Thyssenkrupp Stock Plummets as Steel Sale Falters & Losses Mount
The planned sale of Thyssenkrupp’s steel division has stalled, driving the company’s stock to a modern 52-week low as the industrial conglomerate grapples with significant losses and pressure to demonstrate progress at its Materials Services subsidiary. Negotiations with Jindal Steel & Power regarding the sale of Thyssenkrupp Steel are increasingly doubtful, according to individuals familiar … Read more