Jindal Steel acquisition talks with Thyssenkrupp stall over financial terms. The Indian bidder seeks clarity on pension liabilities, retrenchment costs, and German government support for green steel transition, while Thyssenkrupp demands detailed investment and financing plans from Jindal before committing. Six months into negotiations involving unions and the German government, neither party wants to move first, creating a deadlock. Competition intensifies as US investment fund Flacks Group expresses interest in Thyssenkrupp, the same bidder pursuing Italy's Acciaierie d'Italia where Jindal previously failed. Despite the impasse, both companies remain engaged in resolving differences through ongoing negotiations in this complex four-way deal.
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