Liberty submits firm bid on Thyssenkrupp's steel business

Liberty Steel Group has completed "due diligence" on Thyssenkrupp Steel Europe and submitted a "firmed up" bid for its acquisition based on the results, the UK-based steel company told Fastmarkets on Monday January 25.

“On Monday January 25, 2021, Liberty Steel submitted a firmed-up bid for Thyssenkrupp Steel Europe based on the results of the comprehensive due diligence process including multiple site visits," Liberty's spokesperson told Fastmarkets

“Thyssenkrupp confirms that Liberty has - as agreed - submitted an updated offer to acquire Thyssenkrupp's steel business. The company will now...


Julia Bolotova

January 25, 2021

16:45 GMT