Thyssenkrupp shares up on steel spin-off speculation



© Reuters. Thyssenkrupp’s logo is seen outside elevator test tower in Rottweil

FRANKFURT (Reuters) – Shares in Thyssenkrupp (DE:) rose on Monday as traders pointed to speculation that the group was considering a spin-off of its steel unit.

Thyssenkrupp confirmed that it was examining a sale of the business as well as how it could develop the division on a standalone basis, declining to comment further.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

READ  Post-crash, there’s not much central banks can do to limit the impact of coronavirus | Tony Yates

LEAVE A REPLY

Please enter your comment!
Please enter your name here