Saturday, June 30, 2018

Tata Steel seals joint venture deal with Thyssenkrupp to become Europe's second-largest steel company after ArcelorMittal

Germany’s Thyssenkrupp AG and India’s Tata Steel Ltd signed a final agreement on Saturday to establish a long-expected steel joint venture, the European steel industry’s biggest shake-up in more than a decade. This is the largest deal in Europe’s steel industry since the takeover of Arcelor by Mittal in 2006,

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