Tata Steel open to taking majority stake in Thyssenkrupp joint venture

Tata Steel would consider taking a majority stake in its planned European steel joint venture with Thyssenkrupp after the business is publicly listed, according to sources. The joint venture would create Europe's second-largest steel group.

“Tata Steel would 'down the road be open to taking over a larger piece of the pie' in the Thyssenkrupp tie-up once the merged entity is publicly listed.”saudigazette.com.sa

• 3 sources
• saudigazette.com.saTata Steel open to taking majority stake in Thyssenkrupp tie-up -sources - Latest News from Saudi Arabia and the WorldApr 6, 2018
• timesofindia.indiatimes.comTata Steel to acquire Bhushan Steel through its step-down subsidiary Bamnipal SteelPTI / May 15, 2018, 22:37 ISTMay 15, 2018
• business-standard.comTata Steel acquires Bhushan SteelCapital MarketMay 18, 2018

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