The very profitable elevator business is not yet sold. The steel business merger of Thyssen Krupp with Tata was not approved by the EU regulator. You are right, the share price has made a huge dive. I think anticipation of a debt free enterprise and a promising merger with Tata did not materialize. By the way Thyssen is still a formidable steel manufacturer with a strong union position in management. As a worker in Thyssen I would feel reassured, as a shareholder less. It is all about perspective and personal preferences.
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