European Commission extends review deadline for Tata Steel, ThyssenKrupp deal

Tata Steel Ltd. | Steel & Iron Products | Metals & Mining | BSE: 500470 | NSE: TATASTEEL

26 Apr 2019 Evaluate

The European Commission has extended the deadline for reviewing the planned joint venture deal between ThyssenKrupp and Tata Steel by 7 working days until June 17. Tata Steel and ThyssenKrupp had proposed to combine their steel operations Europe, which would form the region's second-biggest steelmaker.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.

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