Thyssenkrupp Officials Doubt Whether Jindal Steel Deal Can Be Agreed

Senior officials at Thyssenkrupp AG are increasingly doubtful that a potential deal to sell the company’s steel division to India’s Jindal Steel International can be agreed, people familiar with the matter said.

Talks with Jindal are wavering on several important issues, including how much funding the Indian group would be able to provide to support Thyssenkrupp Steel Europe through a prolonged downturn in Europe’s steel market, according to the people.