FLSmidth’s acquisition of Thyssenkrupp mining unit to exclude India ops
Photo courtesy of thyssenkrupp Industrial Solutions AG.
The acquisition of Thyssenkrupp’s mining activities by Denmark’s FLSmidth , a deal announced in July, will not include Thyssenkrupp’s operation in India, FLSmidth said on Monday.
The value of the deal would be reduced by 45 million euros ($53.42 million) to 280 million euros in total, but the exclusion of the activities in India would not impact expected synergies or integration costs, the company said.
($1 = 0.8425 euros)
(By Nikolaj Skydsgaard; Editing by Louise Heavens)
More News
GRAPH: Cobalt price plunge and the EV market
February 11, 2025 | 04:03 pm
China funnelled $57 billion to control critical mineral supply chain
February 05, 2025 | 11:00 am
{{ commodity.name }}
{{ post.title }}
{{ post.date }}
Comments