Thyssenkrupp: Jindal steel deal talks are "intensive" and set to continue for months

TKMS AG & Co KgaA

20/10/2025 09:21

FRANKFURT, Oct 20 (Reuters) - The CEO of Thyssenkrupp TKAG.DE said on Monday that talks with   Jindal Steel International over the Indian group's takeover interest in Thyssenkrupp's steel business were intensive and constructive but a deal would likely be a matter of months.

"Talks are ongoing - very intensively," CEO Miguel Lopez told Reuters at the Frankfurt stock exchange, attending the stock market debut of the TKMS TKMS.DE naval vessels unit.

"We'll see what outcome we'll have over the next few months," he added.

 (Reporting by Tilman Blasshofer and Christoph Steitz, Writing by Ludwig Burger, editing by Kirsti Knolle)

 ((ludwig.burger@thomsonreuters.com;))