FLSmidth negotiating to buy thyssenkrupp’s mining business

By Paul Moore 

FLSmidth today announces that it is in negotiations with thyssenkrupp concerning an acquisition of thyssenkrupp’s mining business – this would be the biggest deal in mining technology since Metso merged with Outotec. The negotiations, however, are at a non-binding stage. The statement said: “Accordingly, there can be no assurances as to whether and when a transaction will transpire. Any transaction, if entered into, would be subject to, amongst other, statutory clearances from authorities, including approvals from merger control authorities.” The thyssenkrupp mining business comes under thyssenkrupp Industrial Solutions.

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