Tata Thyssenkrupp Merger
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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'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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Thyssenkrupp CEO Heinrich Hiesinger Offers To Resign After Merger With Tata Steel
Heinrich Hiesinger announced his resignation a few days after Thyssenkrupp's landmark merger with Tata Steel on June 30
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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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Thyssenkrupp, Tata Steel Merger Should Not Happen At Any Price: German Minister
German Labour Minister Andrea Nahles also said employee representatives needed to be involved in consultations on upcoming negotiations and existing commitments to workers needed to be kept.
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Thyssenkrupp, Tata Steel Agree On European Steel Merger
The agreement outlines synergies of 400-600 million euros ($480-720 million) a year as well as up to 4,000 job cuts.
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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, Thyssenkrupp Merger Talks Face Extensive Delays
Tata and Thyssenkrupp shares have firmed on hopes a merger would trigger European steel capacity cuts.
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Tata Steel, Thyssenkrupp Merger Talks Face Extensive Delays
Tata says its UK unit, expected this year to post its first profit in five years, will fail if it has to keep ploughing funds into a scheme with 13 times more pensioners than paying employees.
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Tata Steel Workers Begin Voting On UK Plant Rescue
The Tata group has been in talks with German major ThyssenKrupp for a potential merger, which is also predicated on a solution to the pension scheme.
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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'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.
-
Thyssenkrupp CEO Heinrich Hiesinger Offers To Resign After Merger With Tata Steel
Heinrich Hiesinger announced his resignation a few days after Thyssenkrupp's landmark merger with Tata Steel on June 30
-
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.
-
Thyssenkrupp, Tata Steel Merger Should Not Happen At Any Price: German Minister
German Labour Minister Andrea Nahles also said employee representatives needed to be involved in consultations on upcoming negotiations and existing commitments to workers needed to be kept.
-
Thyssenkrupp, Tata Steel Agree On European Steel Merger
The agreement outlines synergies of 400-600 million euros ($480-720 million) a year as well as up to 4,000 job cuts.
-
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, Thyssenkrupp Merger Talks Face Extensive Delays
Tata and Thyssenkrupp shares have firmed on hopes a merger would trigger European steel capacity cuts.
-
Tata Steel, Thyssenkrupp Merger Talks Face Extensive Delays
Tata says its UK unit, expected this year to post its first profit in five years, will fail if it has to keep ploughing funds into a scheme with 13 times more pensioners than paying employees.
-
Tata Steel Workers Begin Voting On UK Plant Rescue
The Tata group has been in talks with German major ThyssenKrupp for a potential merger, which is also predicated on a solution to the pension scheme.
