Thyssenkrupp’s tk accelis Starts Trading at €27.8 per Share
Thyssenkrupp spun off a 49% minority stake in the materials trading division to existing shareholders. The listing price values tk accelis at €1.77 billion ($1.97 billion).
Shares in tk accelis (TKCC.DE) started listing at €27.8 per share on Wednesday, as parent Thyssenkrupp XETR:TKA spun off a 49% minority in the materials trading division to existing shareholders.Based on the number of total shares, this values tk accelis at €1.77 billion ($1.97 billion).($1 = 0.899…