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Activist Cevian Says a Simpler Thyssenkrupp Could Soar 100%

Bloomberg

Thyssenkrupp AG’s second-biggest shareholder said it expects the steelmaker will fix an overly complicated structure that’s to blame for poor investor returns. The stock could double if the company wasn’t so complex, said Lars Forberg, a managing partner at Cevian Capital. Thyssenkrupp, one of Germany’s biggest industrial companies with a business spanning submarines and elevators, is an oversized conglomerate that needs to restructure, Forberg said in an interview on Bloomberg Television...

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