Thyssenkrupp Terminates Negotiations with EP Group for Steel Europe, Opening Door for Competing Bidder
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2025
0mins
Source: WSJ
Thyssenkrupp's Joint Venture Talks: Thyssenkrupp has ended discussions with EP Group regarding a potential 50-50 joint venture for Steel Europe, allowing other competitors to enter the fray.
EP Group's Withdrawal: The Czech industrial tycoon Daniel Kretinsky's EP Group has officially withdrawn from negotiations, prompting Thyssenkrupp to proceed with acquiring the 20% stake in Steel Europe that was previously sold to EP Group.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
