Thyssenkrupp secures state aid of around 1 billion euros - source

FRANKFURT (Reuters) - Thyssenkrupp has secured state aid of around 1 billion euros (871.49 million pounds)to get through a bottleneck until money from the sale of its elevator division comes in, a source close to the matter said on Thursday.The loan from state development bank KfW expires at the end of September, the source said, adding that the company was suffering from slow demand for auto parts as car makers have shut down production due to the COVID 19 pandemic.Thyssenkrupp agreed to sell..