【SMM Steel】Flacks Group ready to bid for Thyssenkrupp's steel unit if Jindal deal fails

Published: Mar 10, 2026 09:25

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【SMM Steel】Talks between Thyssenkrupp and Jindal Steel over TKSE since autumn continue with no formal offer yet. US fund Flacks Group said it is prepared to bid if current negotiations fail. Flacks, focused on distressed assets, was picked by Italy for exclusive talks on Acciaierie d'Italia in Dec. It remains focused on Italy but monitors major steel firms.

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