EQS-Adhoc 217 0 Kommentare thyssenkrupp AG: thyssenkrupp and EP Corporate Group enter into strategic partnership

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thyssenkrupp and EP Corporate Group form strategic partnership
EPCG to acquire 20% stake in thyssenkrupp's steel business
Discussions ongoing for EPCG to acquire additional 30% stake, aiming for 50/50 joint venture

Foto: Roland Weihrauch - dpa

EQS-Ad-hoc: thyssenkrupp AG / Key word(s): Investment/Alliance
thyssenkrupp AG: thyssenkrupp and EP Corporate Group enter into strategic partnership

26-Apr-2024 / 07:24 CET/CEST
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thyssenkrupp and EP Corporate Group enter into strategic partnership

thyssenkrupp AG and the EP Corporate Group a.s. (EPCG) today agreed on EPCG's acquisition of a stake in thyssenkrupp's steel business. EPCG will acquire 20 per cent of thyssenkrupp's steel business. The closing of the transaction is planned for this financial year, subject to the approval of the relevant authorities and the Supervisory Board of thyssenkrupp AG. In addition, the parties are discussing the acquisition of a further 30 per cent of the steel business by EPCG. The aim is to form an equal 50/50 joint venture.

Contact:
Andreas Trösch
Head of Investor Relations
T: +49-201-844-536464

Konrad Böcker
Head of External Communications
T: +49-201-844-553084

End of Inside Information

26-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	thyssenkrupp AG
	thyssenkrupp Allee 1
	45143 Essen
	Germany
Phone:	+49 (0)201 844-0
Fax:	+49 (0)201 844-536000
E-mail:	press@thyssenkrupp.com
Internet:	www.thyssenkrupp.com
ISIN:	DE0007500001
WKN:	750000
Indices:	MDAX
Listed:	Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1890079