Cevian places 6.9% stake in Thyssenkrupp – IFR

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The offering of about 43 million shares, run by UBS, launched with a price guidance of 10.20-11.29 euros per share, which could result in proceeds of 439 million to 485 million euros ($493-$545 million), IFR said.

($1 = 0.8903 euros)