EU launches probe into proposed Tata Steel-Thyssenkrupp joint venture

The European Union's anti-trust watchdog launched an investigation into the planned joint venture between Thyssenkrupp and Tata Steel to merge their European steel operations into a new company called Thyssenkrupp Tata Steel B.V.

“The EU will carefully investigate the impact of the planned combination of Tata Steel's and Thyssenkrupp's steel businesses on effective competition in the steel markets.”ien.com

• 2 sources
• ien.comEU to Investigate Proposed Steel Merger | Industrial Equipment NewsAssociated PressOct 31, 2018
• dailynewsegypt.comEU probes controversial thyssenkrupp-Tata steel merger – DailynewsegyptDeutsche WelleOct 31, 2018

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