Home / General / Exclusive: Thyssenkrupp weighs phased sale of TKSE to Jindal Steel, sources say

Exclusive: Thyssenkrupp weighs phased sale of TKSE to Jindal Steel, sources say

Germany’s Thyssenkrupp could sell its steel division to India’s Jindal Steel International in several steps, four people familiar with the talks said, as the two sides try to strike a deal for the complex business.

Jindal Steel has been conducting due diligence on Thyssenkrupp Steel Europe (TKSE) since October after making an indicative bid for Europe’s second-largest steelmaker. The deal is key for Thyssenkrupp as the submarines-to-car parts group seeks to bec… [2854 chars]

Source: Reuters | Published: 2026-01-07T01:01:25Z

Credit: Reuters

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