Hints and tips:
...In the most recent example of this, Strategic Value Partners, a US hedge fund, is set to take control of Klöckner Pentaplast from private equity group Blackstone, according to people familiar with the situation...
...“[Steel trader] Klockner & Co’s CEO is reported to have said he expects European steel demand to fall in the region of 5 per cent in 2012,” said Neil Sampat, analyst at Nomura....
...Among the losers, German steel and metals trader Klockner & Co tumbled 18.7 per cent to €39.80 after the company issued a profit warning....
...Klöckner-Werke jumped 22.2 per cent to €14.00 amid hopes that Salzgitter, up 3.8 per cent to €101.90, could pay more to squeeze out the minority shareholders....
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