Welcome to Refwin.com, Join Free  |  Sign In Home  Inquiry   Contact   Mobile   Free E-Weekly News   中文站
Directory Price Market Buy News Conference Dictionary
I want to search:          
Home >>News 
Tata Steel and thyssenKrupp European joint venture officially banned
2019-06-11

Jun. 11, 2019 - The European Commission today announced its decision to prohibit the proposed European steel joint venture between Tata Steel Ltd and thyssenkrupp AG. 


Both companies, in statements on May 10, anticipated the European Commission would not clear the proposed joint venture despite both parties offering a comprehensive package of remedies. Tata Steel noted with deep disappointment the conclusions of the Commission.


Tata Steel remains committed to its long-term strategy of focusing on growth in India and working towards creating a sustainable portfolio in Europe.

Related Reading
Tata Steel to raise USD 600 million for Capex & Refinancing of debt   2019-07-22
Alcoa Corporation reports Q2 2019 results   2019-07-17
Seven Refractories Presents Innovations at 2019 GIFA Trade Show   2019-07-08
Severstal acquires 26% stake in joint venture with Linde   2019-07-04
GIADEC engage stakeholders in the mining of Bauxite   2019-06-26
thyssenkrupp & Kloeckner to be in merger talks   2019-06-24

X
Online Service