ThyssenKrupp AG is exploring exit options for its materials trading unit that could be valued at as much as €2 billion ($2.2 billion) in a deal, people familiar with the matter said, as the sprawling industrial conglomerate looks to streamline operations.
The company has held talks with potential advisers as it seeks alternatives for Thyssenkrupp Materials Services GmbH, the people said. The options include a spinoff of the business, which provides logistics and processing services for materials such as steel and plastics, according to the people. A sale is also possible as Thyssenkrupp has received initial interest for the ...
