Thyssenkrupp said it was preparing to replace its chief executive Guido Kerkhoff, making him the latest casualty at the German steel-to-submarines conglomerate which has been in crisis mode for more than a year.

Thyssenkrupp plunged into turmoil as CEO Kerkhoff set to leave

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Thyssenkrupp plunged into turmoil as CEO Kerkhoff set to leave