Finance
Salzgitter mulls takeover offer by two of its shareholders
Published by Global Banking and Finance Review
Posted on January 23, 2025
1 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 23, 2025
1 min readLast updated: January 27, 2026
Salzgitter is reviewing a takeover offer from GP Günter Papenburg and TSR Recycling, valued at €18.50 per share. Discussions are ongoing.
(Reuters) - German steelmaker Salzgitter said on Thursday that it was examining a non-binding takeover offer by GP Günter Papenburg and TSR Recycling, two of its shareholders, worth around 18.50 euros ($19.25) per share.
The company said it was engaging in discussions with the two shareholders.
In November, Salzgitter said GP Günter Papenburg was considering a potential takeover.
($1 = 0.9609 euros)
(Reporting by Paolo Laudani)
The main topic is Salzgitter's consideration of a takeover offer from its shareholders GP Günter Papenburg and TSR Recycling.
The shareholders involved in the takeover offer are GP Günter Papenburg and TSR Recycling.
The takeover offer is valued at approximately €18.50 per share.
Explore more articles in the Finance category
