© Reuters. FILE PHOTO: Thyssenkrupp’s brand is seen within the elevator take a look at tower in Rottweil, Germany, January 21, 2020. REUTERS/Michaela Rehle
FRANKFURT (Reuters) – Thyssenkrupp (ETR:) shouldn’t be ruling out a sale, spin-off or merger of its metal division to understand a stand-alone situation it deems greatest for the enterprise, however added there have been no talks at present with German rival Salzgitter a few tie-up.
“Consolidation within the metal enterprise is a matter that has been mentioned for, I believe, 15, 20 years. There have all the time been discussions,” Chief Monetary Officer Klaus Keysberg stated on the group’s annual press convention.
“There has by no means been, in precept, an idea that will have been, for example, passable for each events, or would have been motivation sufficient to do it. And there’s no such factor for the time being, to place it bluntly. There are not any discussions on that.”