.jpg?lang=en-US&ext=.jpg)
.gif?width=220&height=200&mediaprotectionhash=374c6b9a31f2b2fbfc7937391034efb46fd57feba997b9ad2ae9a0bd3d48329d&ext=.gif)
Report: thyssenkrupp Takes Another Look at Tata Steel Europe Deal
06/13/2018 - Tata Steel and thyssenkrupp are said to be revisiting the terms of their proposed European joint venture on account of a valuation gap that has opened up between the two businesses, reports Germany’s Handelsblatt business newspaper.
According to Handelsblatt, thyssenkrupp’s steel division might be worth a half-billion euros more than had been originally agreed upon.
Tata and thyssenkrupp are looking to combine Tata’s European strip operation and thyssenkrupp's steel division into a joint venture operation and previously have said they hope to close the deal by the end of this month.
Handelsblatt has the story here.
.gif?width=100&height=200&mediaprotectionhash=e2d5b15d68f84f22038524be6c58e5268d67b7f44494b544e29a8d53c5b959ba&ext=.gif)
