What percentage of Thyssenkrupp's steel business did Kretinsky acquire?

Kretinsky acquired a 20% stake in Thyssenkrupp's steel business.

What did Thyssenkrupp's CEO say about the investment?

CEO Miguel Lopez stated that the investment can be reversed if an agreement on shared ownership is not reached.

Is there a fallback agreement regarding Kretinsky's investment?

Yes, there is a fallback agreement to wind down Kretinsky's investment if the two sides cannot agree on a 50/50 ownership structure.

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Home > Finance > Thyssenkrupp says Kretinsky's 20% holding in steel unit is reversible

Finance

Thyssenkrupp says Kretinsky's 20% holding in steel unit is reversible

Published by Global Banking & Finance Review®

Posted on January 31, 2025

1 min read

Last updated: January 26, 2026

Thyssenkrupp CEO discusses Kretinsky's 20% stake in steel unit - Global Banking & Finance Review — Image of Thyssenkrupp's CEO Miguel Lopez speaking at the annual shareholder meeting, discussing Czech billionaire Kretinsky's 20% stake in the steel unit and its reversible nature.

Thyssenkrupp says Kretinsky's 20% holding in steel unit is reversible

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Thyssenkrupp's CEO Confirms Kretinsky's 20% Stake Can Be Reversed

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