30
Jun
11:00
Tata Steel and thyssenkrupp agree to European merger
One of the longest-running acquisition sagas in the European steel arena has been settled. Tata Steel and thyssenkrupp AG signed definitive agreements on 30 June to combine their European steel businesses in a 50/50 joint venture in a new company, Tata Steel confirms to Kallanish. This follows the signing of a Memorandum of Understanding in September 2017. The transaction is subject to merger control clearance in several jurisdictions, including the European Union.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous