XTRA:TKAMetals and Mining
Thyssenkrupp Weighs Rothe Erde Sale As Valuation Gap Draws Focus
Thyssenkrupp (XTRA:TKA) is reported to be weighing the sale of a significant minority stake in its Rothe Erde bearings unit.
The bearings business is a core supplier to sectors such as wind power and industrial machinery, and the discussions are described as being at an early stage.
The potential deal could assign a fresh valuation to Rothe Erde and reshape how investors look at Thyssenkrupp’s portfolio mix.
For you as an investor, Rothe Erde sits in a part of Thyssenkrupp that touches long...