Thyssenkrupp sells stake in steel unit to Czech billionaire

Thyssenkrupp sells stake in steel unit to Czech billionaire

FRANKFURT, Germany — Thyssenkrupp said recenetly it had agreed to sell a stake in its steel business to a group owned by Czech billionaire Daniel Kretinsky, as the German conglomerate seeks to overhaul the long-troubled unit.Kretinsky's EP Corporate Group (EPCG) will initially acquire 20 per cent of Thyssenkrupp Steel Europe, in a deal expected to close in the current

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Germany , Czech Republic , German , Czech , Daniel Kretinsky , Miguel Lopez , Kretinsky Ep Corporate Group , Thyssenkrupp , Thyssenkrupp Steel Europe ,

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