8th World Antimony Forum
TBD
Guiyang, Guizhou, China
12th Rare Earth Summit
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Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
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Hangzhou, Zhejiang, China
9th Magnesium Summit
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Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
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Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Liberty Steel makes non-binding offer for Thyssenkrupp steel unit
2020-10-19 08:58:43 【Print】
Liberty Steel Group, part of GFG Alliance Ltd., said last Friday that it has made a non-binding indicative offer to acquire Thyssenkrupp AG's steel operations.
The U.K.-based company said a possible combination between the two businesses would create a group that was well positioned to tackle the challenges faced by the European steel industry. The businesses are complementary with respect to assets, product lines, customers, and geographic footprint, Liberty Steel said.
Liberty Steel said its nonbinding indicative offer, which is supported by a number of financial institutions, is subject to certain assumptions about the business. The company said it is open to intensify talks with Thyssenkrupp and would like to engage in further due diligence to present a potential binding offer.
There is no certainty that the discussions will lead to any agreement, Liberty Steel said.
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The U.K.-based company said a possible combination between the two businesses would create a group that was well positioned to tackle the challenges faced by the European steel industry. The businesses are complementary with respect to assets, product lines, customers, and geographic footprint, Liberty Steel said.
Liberty Steel said its nonbinding indicative offer, which is supported by a number of financial institutions, is subject to certain assumptions about the business. The company said it is open to intensify talks with Thyssenkrupp and would like to engage in further due diligence to present a potential binding offer.
There is no certainty that the discussions will lead to any agreement, Liberty Steel said.
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