Overview
- Thyssenkrupp and EP Group ended negotiations over a 50/50 steel joint venture, with EP returning its 20% stake for a refund of the original purchase price.
- The German group said it will concentrate talks on Jindal Steel International’s non‑binding offer to acquire the entire steel division.
- Ilse Henne described the dialogue with Jindal as a good exchange and said the bid is being taken very seriously.
- Management will intensively review the offer for economic viability, continuity of green transition projects and safeguards for employment at German sites.
- Worker representatives signaled openness to the Jindal approach, as the loss‑making steel unit seeks a sustainable path under high cost and decarbonisation pressures.