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Jindal Steel arm looks to buy Thyssenkrupp's German unit
Business Standard
|September 17, 2025
Jindal Steel International, part of the Naveen Jindal Group, has submitted a nonbinding offer for Thyssenkrupp Steel Europe, the steel segment of German conglomerate Thyssenkrupp AG.
In a statement on Tuesday, Jindal Steel International said that it would enter into discussions with Thyssenkrupp AG to acquire its steel segment Thyssenkrupp Steel Europe (thyssenkrupp Steel).
Thyssenkrupp AG confirmed that it has received a nonbinding, indicative offer from Jindal Steel International for the purchase of Thyssenkrupp Steel Europe.
"The executive board of Thyssenkrupp AG will carefully review this offer, paying particular attention to its economic viability, the continuation of the green transformation, and employment at our steel locations," it said in an email.
This story is from the September 17, 2025 edition of Business Standard.
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