TKA is a colossal German conglomerate with around 90.000 employees worldwide, and operates within a broad array of industries, including steel, industrial engineering and maritime defense.
"While the specific figure EPCG paid for the 20% stake has not been disclosed, analysts estimated that the purchase price was in the range of €350mn-€400mn" do you have the source for this?
Very good write up. Bought the shares after reading Ulf´s post, what a timing. Again, great post.
"While the specific figure EPCG paid for the 20% stake has not been disclosed, analysts estimated that the purchase price was in the range of €350mn-€400mn" do you have the source for this?
Hi! It was mentioned in a Reuters article, with the estimate being provided by Baader Bank: https://www.reuters.com/markets/deals/thyssenkrupp-enters-strategic-partnership-with-kretinskys-epcg-2024-04-26/?utm_source=chatgpt.com
Thanks!