Thyssenkrupp shares surged after news that Jindal Steel is considering a phased takeover of its steel unit. This potential deal would provide a much-needed boost for Thyssenkrupp, which has been struggling financially. Jindal Steel’s interest in the takeover has investors hopeful for a positive outcome.

Read more at Investing.com: Thyssenkrupp shares jump as Jindal Steel weighs phased takeover of steel unit