XTRA:TKAMetals and Mining
Thyssenkrupp Rothe Erde Stake Sale Talks Test Valuation And Momentum
Thyssenkrupp is reported to be exploring the sale of around 30% of its Rothe Erde bearings unit.
The discussions are described as being at an early stage, with no final decision disclosed.
Rothe Erde supplies bearings used across global industrial supply chains, so any stake sale could influence how this business is run in future.
XTRA:TKA is currently trading at €11.18, with the share price data reflecting strong multi year returns, including 217.8% over the past 1 year and 116.5% over 3...