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flag Thyssenkrupp explores selling 60% of its steel unit to Jindal Steel, with talks ongoing and no final decision yet.

flag Thyssenkrupp is exploring a phased sale of its steel division, Thyssenkrupp Steel Europe, to India’s Jindal Steel International, with talks ongoing since October. flag A potential deal could see Jindal acquire a 60% stake initially, with the remaining 40% acquired later, helping manage TKSE’s €2.5 billion in pension liabilities. flag The gradual approach allows Thyssenkrupp continued involvement in restructuring, including job and capacity cuts. flag Jindal plans a January visit to Germany for a technical review of the Duisburg plant. flag All deal terms remain under discussion, no decisions have been made, and Thyssenkrupp has a backup plan if talks fail. flag Jindal Steel has not commented.

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