Danish cement and mining equipment and solutions specialist FLSmidth has revealed that it is in negotiations with ThyssenKrupp concerning the acquisition of ThyssenKrupp's mining business.
FLSmidth is in talks to acquire ThyssenKrupp's mining business
A company statement said: "The negotiations are at a non-binding stage. 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."
