Hello, mates I am a professional investor and have collegues working in some investments banks A reliable source informs about the german leading engineering company Thyssekrupp listed at Frankfurt Stock Exchange Due to the unjustifiable drop in Thyssenkrupp stock this year over 30% General Electric has mandated a top investment bank to prepare a takeover bid on this company with a view to split it´s business in two parts: steel production and engineering. The first would be sold tho the giant China Steel Coporation at a price that would by itself make profitable the deal, keeping the engeineering division and maintening the name Takeover bid tentative price would be 22 € per share; it´s currently trading at 15,5€
