Last month, Naveen Jindal, through his private firm Jindal Steel International, made an unsolicited bid to acquire Thyssenkrupp Steel Europe. Before Jindal’s bid, EPG had acquired 20% in Thyssenkrupp Steel Europe in July last year, with an agreement to discuss another 30% for a 50/50 joint venture.
Last month, Naveen Jindal, through his private firm Jindal Steel International, made an unsolicited bid to acquire Thyssenkrupp Steel Europe. Before Jindal’s bid, EPG had acquired 20% in Thyssenkrupp Steel Europe in July last year, with an agreement to discuss another 30% for a 50/50 joint venture. by Soban News (international And National News)
