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Indian firm Jindal offers €3-4B for thyssenkrupp’s European steel unit, with €2B in green investments.
Indian steelmaker Jindal Steel International has made a non-binding offer to acquire thyssenkrupp's steel division in Europe, a move that could be worth €3-4 billion.
The proposed deal includes over €2 billion in investments to complete a green iron project in Duisburg and expand electric arc furnace capacity, aiming to make the business Europe’s largest low-emission steel producer.
Thyssenkrupp’s board will evaluate the offer based on economic viability, sustainability, and workforce impact.
If approved, the acquisition would mark a major cross-border deal in the global steel industry.
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La empresa india Jindal ofrece entre 3 y 4 mil millones de euros para la unidad europea de acero de thyssenkrupp, con 2 mil millones de euros en inversiones verdes.