Traditional German conglomerates and Mittelstand face increasing pressure as technology continues to disrupt business models and shareholders become more receptive to “locusts” funds pushing activist agendas.
Thyssenkrupp
Elliott Interview on thyssenkrupp in Die Welt (German only)
Elliott argues it is not pushing for a break-up of thyssenkrupp but that it is in favour selling smaller parts of the business and pursuing more JVs.