Tata Thyssenkrupp Deal
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Advantage China, As Tata Steel Merger Stopped By European Commission
German industrial conglomerate Thyssenkrupp said on Friday that it was scrapping merger plans with steel giant Tata and would slash 6,000 jobs worldwide in a structural shakeup. The reason: the European Commission's reluctance to the merger.
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European Commission Against Merger With Thyssenkrupp: Tata Steel
Tata Steel Europe and Thyssenkrupp had signed definitive agreements on June 30, 2018 to create a 50:50 pan-European joint venture.
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Tata Steel Says Supports Logic Of Joint Venture With ThyssenKrupp: Report
Tata Steel and ThyssenKrupp had proposed to combine their steel operations in Europe, which would form the region's second-biggest steelmaker.
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Tata Steel To Offer Partial Packaging Assets For Thyssenkrupp Deal Approval: Report
The European Commission aims to wrap up its antitrust investigation into the tie-up of Tata Steel and Thyssenkrupp by May 13.
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Break-Up Plans Not Contingent On Tata Steel Deal: Thyssenkrupp
Thyssenkrupp is planning to break itself apart in addition to combining its European steel operations together with those of Tata Steel.
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Tata Steel's Proposed Merger With Germany's ThyssenKrupp Being Investigated
ThyssenKrupp struck a deal in June to merge its steel-making business with Tata in response to a flood of cheap Chinese steel unbalancing world markets, with the new venture set to become Europe's second biggest manufacturer of the metal.
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Tata Steel, Thyssenkrupp Finalise Landmark Steel Deal
The largest deal in Europe's steel industry since the takeover of Arcelor by Mittal in 2006, the 50-50 joint venture - to be named Thyssenkrupp Tata Steel - will have about 48,000 workers and about 17 billion euros ($19.9 billion) in sales.
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New Tata Steel UK Pension Scheme To Be Set Up After Meeting Minimum Criteria
Britain's pensions regulator agreed a deal last year to allow Tata Steel UK to cut scheme benefits and set up a new BSPS
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Thyssenkrupp Unions Fear Loss Of Rights In Tata Steel Deal Structure
Unions at Thyssenkrupp have opposed the deal and are concerned more steel jobs may go in the long term in addition to as many as 4,000 job losses already announced as part of the merger.
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Thyssenkrupp To Set Up Working Group With Unions Over Tata Steel Merger
The working group will be headed by Markus Grolms, deputy chairman of the supervisory board of Thyssenkrupp AG and Oliver Burkhard, member of the executive board of Thyssenkrupp AG, where he is chief human resources officer, it said.
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Shareholders Urge Thyssenkrupp To Get On With Tata Steel Deal
Talks between the two firms over a potential combination have been dragging on for a year and a half
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Tata Steel Gets Regulatory Approval For UK Pension Deal
The pension scheme's 15 billion pounds ($19.37 billion) of liabilities appeared to be the main obstacle in the merger talks with Thyssenkrupp, which has been opposed to taking them on.
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Tata Steel Says In 'Constructive Discussions' With ThyssenKrupp
Tata Steel Ltd is still in talks with Germany's ThyssenKrupp AG about a potential merger of their European steel assets, the Indian company said on Monday.
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Tata Steel May Scrap Merger Plans With Thyssenkrupp: Report
The deal has been slow moving as Tata Steel tries to solve the problem of its own 15-billion-pound British steel pensions scheme.
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Tata Steel Offers To Pay Millions For Pension Scheme Revamp: Report
Last month, Tata Steel UK offered British unions a deal guaranteeing jobs and investment in return for pension cuts.
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Advantage China, As Tata Steel Merger Stopped By European Commission
German industrial conglomerate Thyssenkrupp said on Friday that it was scrapping merger plans with steel giant Tata and would slash 6,000 jobs worldwide in a structural shakeup. The reason: the European Commission's reluctance to the merger.
-
European Commission Against Merger With Thyssenkrupp: Tata Steel
Tata Steel Europe and Thyssenkrupp had signed definitive agreements on June 30, 2018 to create a 50:50 pan-European joint venture.
-
Tata Steel Says Supports Logic Of Joint Venture With ThyssenKrupp: Report
Tata Steel and ThyssenKrupp had proposed to combine their steel operations in Europe, which would form the region's second-biggest steelmaker.
-
Tata Steel To Offer Partial Packaging Assets For Thyssenkrupp Deal Approval: Report
The European Commission aims to wrap up its antitrust investigation into the tie-up of Tata Steel and Thyssenkrupp by May 13.
-
Break-Up Plans Not Contingent On Tata Steel Deal: Thyssenkrupp
Thyssenkrupp is planning to break itself apart in addition to combining its European steel operations together with those of Tata Steel.
-
Tata Steel's Proposed Merger With Germany's ThyssenKrupp Being Investigated
ThyssenKrupp struck a deal in June to merge its steel-making business with Tata in response to a flood of cheap Chinese steel unbalancing world markets, with the new venture set to become Europe's second biggest manufacturer of the metal.
-
Tata Steel, Thyssenkrupp Finalise Landmark Steel Deal
The largest deal in Europe's steel industry since the takeover of Arcelor by Mittal in 2006, the 50-50 joint venture - to be named Thyssenkrupp Tata Steel - will have about 48,000 workers and about 17 billion euros ($19.9 billion) in sales.
-
New Tata Steel UK Pension Scheme To Be Set Up After Meeting Minimum Criteria
Britain's pensions regulator agreed a deal last year to allow Tata Steel UK to cut scheme benefits and set up a new BSPS
-
Thyssenkrupp Unions Fear Loss Of Rights In Tata Steel Deal Structure
Unions at Thyssenkrupp have opposed the deal and are concerned more steel jobs may go in the long term in addition to as many as 4,000 job losses already announced as part of the merger.
-
Thyssenkrupp To Set Up Working Group With Unions Over Tata Steel Merger
The working group will be headed by Markus Grolms, deputy chairman of the supervisory board of Thyssenkrupp AG and Oliver Burkhard, member of the executive board of Thyssenkrupp AG, where he is chief human resources officer, it said.
-
Shareholders Urge Thyssenkrupp To Get On With Tata Steel Deal
Talks between the two firms over a potential combination have been dragging on for a year and a half
-
Tata Steel Gets Regulatory Approval For UK Pension Deal
The pension scheme's 15 billion pounds ($19.37 billion) of liabilities appeared to be the main obstacle in the merger talks with Thyssenkrupp, which has been opposed to taking them on.
-
Tata Steel Says In 'Constructive Discussions' With ThyssenKrupp
Tata Steel Ltd is still in talks with Germany's ThyssenKrupp AG about a potential merger of their European steel assets, the Indian company said on Monday.
-
Tata Steel May Scrap Merger Plans With Thyssenkrupp: Report
The deal has been slow moving as Tata Steel tries to solve the problem of its own 15-billion-pound British steel pensions scheme.
-
Tata Steel Offers To Pay Millions For Pension Scheme Revamp: Report
Last month, Tata Steel UK offered British unions a deal guaranteeing jobs and investment in return for pension cuts.
