thyssenkrupp

The former materials division tk accelis will be traded in the Prime Standard from Oct. 28; shareholders will automatically receive one tk accelis share for every 20 thyssenkrupp shares. tk accelis plans to transform into a “Materials-as-a-Service” provider and to raise the adjusted EBITDA margin to 4–5 percent in the medium term. Risks include the currently very thin margin, possible index effects at the listing, and the fact that thyssenkrupp will retain 51 percent of the shares. A reliable impression of operational sustainability is expected to come from the first independent financial report. » Más en finanzen.net

Thyssenkrupp plans the initial listing of TK Accelis in Frankfurt on 28 October and will allocate one TK Accelis share to shareholders at a ratio of 20:1. The group will remain the majority shareholder with 51 percent; the spin-off was approved in August with 99.99 percent support. BaFin has approved the stock market prospectus. TK Accelis employs around 15,500 people in 30 countries and recorded sales of €11.4 billion in 2024/25. Jefferies estimates the company’s enterprise value including debt at about €3.6 billion. » Más en manager-magazin.de

The Krupp Foundation considers a timely separation of Thyssenkrupp’s steel unit possible, citing the restructuring wage agreement, the sale of HKM, EU protective measures and progress on the direct reduction plant in Duisburg. The foundation, the largest shareholder with 21 percent, supports the gradual conversion of the group into a financial holding and regards state participation as unnecessary. Thyssenkrupp generally intends to remain the majority owner but does not rule out minority stakes in steel, and the foundation would welcome a stake in a spun-off steel company. » Más en finanzen.net