Kloeckner CEO Sees No Near-Term Development with Thyssenkrupp-

Reuters reported that Kloeckner & Co does not expect any developments with regard to a potential tie-up with larger peer Thyssenkrupp in the near-term.
Kloeckner CEO Sees No Near-Term Development with Thyssenkrupp-
Kloeckner Thyssenkrupp

Kloeckner chief executive Gisbert Ruehl said “Of course you cannot rule out anything in the future, who knows what will happen in five or ten years.”

Speculation about a tie-up between the two companies has flared up regularly in recent years even though no deal has materialised.

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