Thyssenkrupp, NSK joint venture talks terminated
12/05/2023 08:06
FRANKFURT, May 12 (Reuters) - Germamy's Thyssenkrupp
TKAG.DE and Japan's NSK 6471.T have terminated discussions
over a possible automotive joint venture, the companies said on
Friday, exactly a year after first unveiling the talks.
NSK, in a results presentation, said it instead signed a
joint venture agreement with corporate turnaround fund Japan
Industrial Solutions.
(Reporting by Christoph Steitz, Editing by Friederike Heine)
((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))