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Tata Steel - Thyssenkrupp deal News
Tata Steel - Thyssenkrupp deal
Explainer: Who wants what in Thyssenkrupp-Tata Steel venture talks?
Tue, Jun 19, 2018
Final negotiations will revolve around how to value the European assets of the two companies, which have performed very differently since the initial 50:50 joint venture deal was first announced in September.
Steel workers approve Thyssenkrupp-Tata Steel labour deal: source
Mon, Feb 05, 2018
Thyssenkrupp and Tata Steel in September unveiled plans to merge their European steel operations and forge Europe`s second-largest steel group after ArcelorMittal
ThyssenKrupp kicks off talks with union on steel merger
Sat, Nov 25, 2017
The de-escalation came after 8,000 steel workers protested on Wednesday, the day the Essen-based company announced improved annual results and a record order book, demanding guarantees to preserve jobs and production sites for 10 years.
Workers remain sceptical about Thyssen-Tata steel deal
Fri, Oct 13, 2017
Thyssenkrupp and Tata Steel last month announced plans for a joint venture that would create Europe`s second-largest steelmaker after ArcelorMittal. There would be an initial 4,000 job cuts that workers fear will be the tip of the iceberg.
Thyssenkrupp to raise capital ahead of Tata deal
Tue, Sep 26, 2017
The two firms agreed last week to combine their European steel operations in a move to create the continent`s second-largest steelmaker with revenues of about 15 billion euros ($18 billion).
Face of Tata group to change in next decade, Ratan Tata says
Thu, Sep 21, 2017
Hinting at consolidation and possible divestments of certain businesses which once defined the group, Tata said the conglomerate may look very different in the next decade, although the 150-year-old group will always strive to retain its culture.
Tata pension deal raises questions for Thyssenkrupp merger
Thu, May 18, 2017
The British Steel Pension Scheme has been the major hurdle to a tie-up between Tata`s British and European steel assets with those of Thyssenkrupp. After the announcement of the pension deal Thyssenkrupp`s shares jumped 3 percent to a two-month high on Wednesday.
Tata Steel, Thyssenkrupp merger talks face extensive delays
Sat, Feb 11, 2017
Tata and Thyssenkrupp shares have firmed on hopes a merger would trigger European steel capacity cuts. Tata Steel UK, Britain`s top steelmaker, is seeking regulatory approval to spin off its 15 billion pound scheme into a standalone entity because Thyssenkrupp will not take on its pension liabilities in a tie-up.