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Essen (dpa) - The British steel company Liberty Steel is intensifying its efforts to acquire the steel division of its competitor Thyssenkrupp.
As agreed, Liberty had "submitted an updated offer for the acquisition of Thyssenkrupp's steel business," a Thyssenkrupp spokesman confirmed on Monday.
Thyssenkrupp will “now carefully examine” the offer.
The "Handelsblatt" had previously reported on the updated offer.
The ailing industrial group from Essen wants to decide in March how it will continue with its steel business.
In addition to a sale, CEO Martina Merz also has another single-handed approach to steel examined.
The future of the traditional division with around 27,000 employees should also be a topic at the Group's online general meeting next week.
Thysenkrupp had recently made deep red numbers in the steel business.
The 2019/2020 financial year, which ended at the end of September 2020, closed the steel division with a loss of almost one billion euros.
Liberty made its purchase offer public last October, but without giving details.
The British company has been able to look into the books of Thyssenkrupp Steel since December, giving it insight into key business data for the steel division.
The purchase offer by the British has so far met with a decided rejection of the employee representatives at Thyssenkrupp.
IG Metall insists on state participation.
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Liberty owner Sanjeev Gupta told the “Handelsblatt”: “Thyssenkrupp has excellent locations with very good employees.”
In the event that he comes to the train, the Krupp works should expand their range under the umbrella of Liberty.
© dpa-infocom, dpa: 210125-99-163999 / 2