Thyssenkrupp could open books to Liberty Steel in early Dec: Report

Liberty Steel, headed by metals tycoon Sanjeev Gupta, last month unveiled a non-binding indicative offer for Thyssenkrupp Steel Europe

ThyssenKrupp
Thyssenkrupp
Reuters Frankfurt/Dusseldorf
1 min read Last Updated : Dec 04 2020 | 10:05 PM IST

Thyssenkrupp could give Britain's Liberty Steel access to the books of its steel unit as soon as next week, people familiar with the matter said.

Liberty Steel, headed by metals tycoon Sanjeev Gupta, last month unveiled a non-binding indicative offer for Thyssenkrupp Steel Europe, which the embattled conglomerate has put up for sale to cut losses and stop cash outflow.

Thyssenkrupp declined to comment.

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Topics :ThyssenKruppSteel IndustryM&A

First Published: Nov 25 2020 | 6:55 PM IST

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