Thyssenkrupp, NSK joint venture talks terminated
Business
Thyssenkrupp, NSK joint venture talks terminated
FRANKFURT (Reuters) - Germamy's Thyssenkrupp and Japan's NSK have terminated discussions over a possible automotive joint venture, the companies said on Friday, exactly a year after first unveiling the talks.
NSK, in a results presentation, said it instead signed a joint venture agreement with corporate turnaround fund Japan Industrial Solutions.
