Sunday 1 July 2018

Go-ahead given for merger of Tata Steel and Thyssenkrupp

Synergies expected as German and Indian firms combine their European operations

The German steel company Thyssenkrupp has agreed a merger of its European operations with Indian-owned Tata Steel.

The deal signed on Friday will mean the European steel sector’s biggest shake-up since the takeover of Arcelor by Mittal in 2006.

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from World news | The Guardian https://ift.tt/2KCGZmR

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