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الاقتصادية
Tessenkrupp to sell 49% of T.K. Axilis on October 28
The article focused on German group TissenKrupp's announcement of issuing 49% of its trading materials unit, TK Xiles, on the stock exchange on October 28, as part of its strategy to restructure operations and simplify its corporate structure. Shareholders will have the opportunity to receive one share in the unit for every 20 shares they hold in the parent company, thereby encouraging shareholder participation and providing greater flexibility in decision-making. TK Xiles is the largest in terms of sales, employing approximately 15,500 people across 30 countries, and achieved sales of €11.4 billion during the fiscal year 2024-2025, aiming for an average profit margin between 4% and 5% in the medium term, compared to around 2% in the previous year. This move is intended to enhance the company's ability to evaluate the performance of each sector separately and provide greater independence for its operations.
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