Thyssenkrupp and the Japanese group NSK have not agreed on a joint venture in the automotive sector.

The talks have been terminated by mutual agreement, the companies announced on Friday. The talks became known a year ago.

(Report by Christoph Steitz, edited by Tom Käckenhoff, edited by Ralf Banser. If you have any queries, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and the economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)