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Thyssenkrupp and Tata Steel sign definitive agreement for 50/50 steel joint venture · Endata

◂ Announcements

Jun 30, 2018ACQUISITIONNetherlands

Thyssenkrupp and Tata Steel sign definitive agreement for 50/50 steel joint venture

Thyssenkrupp and Tata Steel signed a definitive agreement to create a 50/50 joint venture, thyssenkrupp Tata Steel BV, based in the Netherlands. The venture will have about 48,000 employees and sales of approximately €17 billion, becoming the second-largest steelmaker in Europe.

Status

Announced

Productssteel

CompaniesThyssenkrupp partner Tata Steel partner

Sectors#Steel and Metal Products

“La alemana Thyssenkrupp y la india Tata Steel firmaron el sábado un esperado y definitivo acuerdo para crear una empresa conjunta de acero.”lavanguardia.com

1 source
lavanguardia.comThyssenkrupp y Tata Steel sellan un acuerdo histórico que marcará el futuro de la industria siderúrgica europeaReutersJun 30, 2018

Summarized from public sources; check the original articles before acting on it.

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