ThyssenKrupp ends talks to sell steel unit to Liberty
February 19, 2021
Germany's ThyssenKrupp has ended talks with the UKs Liberty Steel over the possible sale of ThyssenKrupp Steel Europe. Liberty first approached the industrial conglomerate in October and then submitted a reviewed non-binding offer for the unit last month. In a statement, ThyssenKrupp's CFO Klaus Keysberg said their ideas about the value and the structure of the deal were "far apart."