06
Dec
15:53
European Commission stalls Tata-tk merger process
The European Commission has ‘stopped the clock’ on its in-depth probe into the proposed merger between Tata Steel Europe and ThyssenKrupp Steel.
“This procedure in merger investigations is activated if the parties fail to provide, in a timely fashion, an important piece of information that the Commission has requested from them,” it says, in a note explaining its decision sent to Kallanish upon request. Once the missing information is sup…
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Anonymous
Very good overview of the weekly steel market.
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