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Thyssenkrupp to Spin Off 49% of Materials Trading Division October 28

Thyssenkrupp said its tk accelis materials trading division, its largest by sales, would be listed through a spin-off on October 28, confirming an earlier Reuters report.

TKA

Thyssenkrupp XETR:TKA on Wednesday said its materials trading division tk accelis - its biggest by sales - would be listed via a spin off on October 28, confirming a previous Reuters story.The spin off of 49% of tk accelis marks the German conglomerate's latest step to simplify its structure and tu…