Dofasco and ThyssenKrupp announce a friendly all-cash deal
- Offer price of C$61.50 per common share – total value of approximately C$4.8 billion (€3.5 billion)*
- Dofasco’s Board of Directors unanimously recommends acceptance of the offer
- The acquisition is a major element of ThyssenKrupp’s international growth strategy
- Dofasco and Hamilton, Ontario to become ThyssenKrupp’s new North American steel headquarters
Dofasco and ThyssenKrupp today announced they have reached an agreement for ThyssenKrupp to make an offer to acquire all of Dofasco’s outstanding common shares in a friendly, all-cash transaction for total consideration of approximately C$4.8 billion (€3.5 billion), or C$61.50 per common share. Dofasco’s Board of Directors has resolved to unanimously recommend to Dofasco shareholders that they accept the offer. ThyssenKrupp currently owns no shares in Dofasco.
Remarks by Executive Board Chairman Dr.-Ing. Ekkehard D. Schulz
| Download | |
| Speech of Dr.-Ing. Ekkehard D. Schulz | PDF (36 KB) |
| Presentation charts | PDF (612 KB) |
| Comments by the Executive Board Chairman Dr.-Ing. Ekkehard D. Schulz and the CFO Dr. A. Stefan Kirsten | MP3 (3.2MB) |
| Q&A session | MP3 (10.4MB) |