Tag «Sponsored Level I ADR program»

ThyssenKrupp launches Sponsored Level I ADR program in the USA

The diversified industrial group ThyssenKrupp today launched a Sponsored Level I ADR program in the USA. The depositary bank for the ADR program is Deutsche Bank. ADRs are certificates representing shares of stock which allow US investors to indirectly hold shares in a non-US company and trade them in the USA. This makes it easier …