Tata Steel and thyssenkrupp sign definitive agreement for European steel joint venture

Tata Steel and thyssenkrupp AG signed a definitive agreement on July 2, 2018, to combine their European steel businesses into a 50/50 joint venture. Expected annual synergies are €400-500 million.

“Tata Steel and thyssenkrupp AG today signed a definitive agreement to create a new company by combining their European steel businesses in a 50/50 joint venture.”news.europawire.eu

• 1 source
• news.europawire.euTata Steel and thyssenkrupp AG to combine their European steel businesses in a 50/50 joint venture | EuropaWireEuropaWire PR EditorsJul 2, 2018

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