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ThyssenKrupp AG News
After Bhushan Steel, Thyssenkrupp moves, Tata Steel wants to take next step to reach comfort level
Wed, Jul 04, 2018
Despite Tata Steel’s deleveraging exercise through the joint venture (JV) with Germany’s industrial group Thyssenkrupp AG and improving cash-flow in the domestic market, its net debt to Ebitda ratio continued to remain elevated at four
Healthy steel prices, fund from rights issue to strengthen Tata Steel's book: Fitch Ratings
Wed, Feb 14, 2018
The agency kept its rating 'Rating Watch Evolving' as it awaits details on the joint venture with Thyssenkrupp AG, Germany
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.
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 cancels sale of UK biz plants; to cut cost by 100 million pounds
Sun, Jul 10, 2016
The company is planning a potential joint venture with Thyssenkrupp.
Tata Steel in JV talks with ThyssenKrupp for European biz
Sat, Jul 09, 2016
The announcement has come after the company screened around 200 potential financial and industrial investors for sale of its loss-making UK operations.