Jindal in 'intensive' talks with Thyssenkrupp for steel unit buy - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Jindal in 'intensive' talks with Thyssenkrupp for steel unit buy

In a strategic move, Thyssenkrupp is actively engaging with Jindal Steel International regarding their interest in acquiring Thyssenkrupp's steel division. CEO Miguel Lopez expressed optimism about the collaboration, although he acknowledged that negotiations may stretch over several months. This prospective divestment is crucial for Thyssenkrupp as part of its broader restructuring strategy.


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