Overview

• Board member Ilse Henne said the non-binding bid from India’s Jindal Steel is being taken very seriously.
• Discussions follow Jindal’s indicative offer to acquire Thyssenkrupp’s entire steel division submitted about two weeks ago.
• Thyssenkrupp is assessing the proposal on price, economic viability, continuation of decarbonisation projects, and employment at steel sites.
• Management also cited the Best-/Fair-Owner principle with employee representation as a key consideration in the evaluation.
• Employee representatives signaled openness to talks, and no binding agreement has been reached to date.