ThyssenKrupp Up on Tata In­ter­est

The Economic Times - - Companies -

ThyssenKrupp rose to a four-month high af­ter a news­pa­per re­ported that it's in talks with Tata Steel about pos­si­ble par­tic­i­pa­tion in the Ger­man com­pany's steel busi­ness. The stock climbed as much as 8.2% and traded up 4.7% to

19.12 as of 1:04 pm in Frank­furt. For the week, the stock has gained 13%, com­pared with a 0.5% de­cline in the bench­mark DAX Index. Ne­go­ti­a­tions with Tata are well ad­vanced, Rheinis­che Post re­ported. —Bloomberg

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