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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

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

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