Flacks Group Eyes Placing Bid on thyssenkrupp Steel Division If Talks With Jindal Steel Fall Through
03/05/2026 - U.S. investment fund Flacks Group would submit a bid for the steel division of thyssenkrupp if current talks with Jindal Steel fall through, indicated Michael Flacks, chief executive officer of Flacks Group, while speaking with Reuters.
"Our main interest is now in Italy, but we are interested in major steel companies, and if the talks regarding an acquisition of thyssenkrupp's steel business fail, we are ready to bid for it," said Flacks.
The company said it has already been chosen for exclusive talks with steel company Acciaierie d’Italia and expressed interest in acquiring British Steel, Reuters reported.
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The company said it has already been chosen for exclusive talks with steel company Acciaierie d’Italia and expressed interest in acquiring British Steel, Reuters reported.
For more information, click here.



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