Tata Steel will continue to explore various business options in Europe: Managing Director T V Narendran
• 6 years agoTata Steel has not given up on its plans of merging its business in Europe, a top company official said while terming the European Commission's feedback on the proposed joint venture with Thyssenkrupp as a "speed breaker"
JV breakup with Germany's Thyssenkrupp marginally credit negative for Tata Steel: S&P Rating
• 6 years agoThe collapse of Tata Steel's proposed joint venture with German conglomerate Thyssenkrupp is "marginally credit negative" for the Indian steel major, a global rating agency has said
Thyssenkrupp to seek new steel partners after abandoning European merger with Tata Steel: CEO
• 6 years agoThyssenkrupp abandoned its long-planned merger of its steel business with the European operations of Tata Steel, which would have created the region’s Number 2 producer after ArcelorMittal, due to opposition from European Union regulators.
Thyssenkrupp agrees to restructuring approach with labour leaders, could lead to loss of 6,000 jobs
• 6 years agoThe management and labour leaders at Germany’s Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs.
Tata Steel says European Commission against merger with Germany's Thyssenkrupp
• 6 years agoTata Steel Group on Friday said the proposed merger of its European operations with Thyssenkrupp of Germany has hit a roadblock after the European Commission has raised many objections to the deal
Tata Steel shares tank over 6% as co's Thyssenkrupp deal faces regulatory hurdles in Europe; m-cap falls by Rs 6,648 cr
• 6 years agoShares of Tata Steel plunged over 6 percent on Friday amid reports that the company's proposed deal with German major ThyssenKrupp might face regulatory hurdles in Europe
Tata Steel's consolidated net profit nosedives over 84% to Rs 2,295 cr in Q4; announces merger of Bamnipal Steel
• 6 years agoTata Steel had booked a net income of Rs 14,688.02 crore in the corresponding quarter of the previous fiscal
Tata Steel likely to offer parts of European packaging assets in Thyssenkrupp JV talks: Report
• 6 years agoOffering some packaging steel assets would address one of the areas that have been singled out by the European Commission in its review
Germany's Thyssenkrupp steel boss Andreas Goss to lead European joint venture with Tata Steel
• 6 years agoThyssenkrupp and Tata Steel in June signed a final agreement to create the venture following years of talks, just days before a leadership crisis erupted at the sprawling German industrial group.
EU launches in-depth probe into Tata-Thyssenkrupp steel merger; to assess if it will reduce competition
• 6 years agoIn June, India-headquartered Tata Steel had confirmed that it has agreed on the terms of a 50-50 joint venture with ThyssenKrupp to create Europe’s second-largest steel company after Lakshmi Mittal’s ArcelorMittal.