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Thyssenkrupp would not oppose IPO of possible steel JV - CFO

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - would not be opposed to a listing of a joint venture that could emerge from ongoing talks with Steel, the group's chief financial officer said on Thursday.

"Money in is always good so don't expect us to reject (an IPO)," CFO Guido Kerkhoff told analysts following third-quarter results, when asked whether would be more reluctant than to list the business.

"It is important that you do things like that, if you consider them at all, at the right time."

earlier said it was still in talks with over a possible combination of both groups' European businesses, adding it would not be rushed into any deal even after an outstanding agreement over Tata's pension obligation might be reached.

(Reporting by Christoph Steitz and Georgina Prodhan)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 10 2017. 20:04 IST