Thyssenkrupp shares jump pre-market after CEO offers resignation

Reuters  |  FRANKFURT 

(Reuters) - Shares in jumped in pre-market trade on Friday after offered to step down less than a week after sealing a landmark joint venture deal with

The stock rose 4.4 percent to the top of Germany's blue-chip index in pre-market trade at brokerage

In the job since 2011, Hiesinger, 58, was bowing to growing investor pressure for a more radical restructuring of the group.

Thyssenkrupp's supervisory board is due to meet later on Friday to take a decision on Hiesinger's request.

(Reporting by Maria Sheahan; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 06 2018. 11:30 IST