(Reuters) - German steelmaker Salzgitter said on Thursday that it was examining a non-binding takeover offer by GP Günter Papenburg and TSR Recycling, two of its shareholders, worth around 18.50 euros
Salzgitter Evaluates Shareholder Takeover Proposal
(Reuters) - German steelmaker Salzgitter said on Thursday that it was examining a non-binding takeover offer by GP Günter Papenburg and TSR Recycling, two of its shareholders, worth around 18.50 euros ($19.25) per share.
The company said it was engaging in discussions with the two shareholders.
In November, Salzgitter said GP Günter Papenburg was considering a potential takeover.
($1 = 0.9609 euros)
(Reporting by Paolo Laudani)
