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Has work to do to progress Thyssenkrupp merger: Tata Steel

Official says, when the pensions issue in Britain is resolved, the company will take further steps

Reuters  |  Duesseldorf (Germany) 

Tata Steel

still has work to do before it can make progress on European steel talks with ThyssenKrupp, its chief said on Thursday.

"I can't say how far the talks with Thyssen have got," Hans Fischer told a Handelsblatt steel conference in Duesseldorf. "When the pensions issue in Britain is resolved, we will take further steps."

and want to merge their UK, Dutch and German steel businesses but separating Tata's huge UK pension deficit from the operating business is a precondition for

The two steelmakers argue that a would allow them to take excess capacity out of the market, supporting prices.

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Has work to do to progress Thyssenkrupp merger: Tata Steel

Official says, when the pensions issue in Britain is resolved, the company will take further steps

Tata Steel official says that when the pensions issue in Britain is resolved, the company will take further steps
still has work to do before it can make progress on European steel talks with ThyssenKrupp, its chief said on Thursday.

"I can't say how far the talks with Thyssen have got," Hans Fischer told a Handelsblatt steel conference in Duesseldorf. "When the pensions issue in Britain is resolved, we will take further steps."

and want to merge their UK, Dutch and German steel businesses but separating Tata's huge UK pension deficit from the operating business is a precondition for

The two steelmakers argue that a would allow them to take excess capacity out of the market, supporting prices.
image
Business Standard
177 22

Has work to do to progress Thyssenkrupp merger: Tata Steel

Official says, when the pensions issue in Britain is resolved, the company will take further steps

still has work to do before it can make progress on European steel talks with ThyssenKrupp, its chief said on Thursday.

"I can't say how far the talks with Thyssen have got," Hans Fischer told a Handelsblatt steel conference in Duesseldorf. "When the pensions issue in Britain is resolved, we will take further steps."

and want to merge their UK, Dutch and German steel businesses but separating Tata's huge UK pension deficit from the operating business is a precondition for

The two steelmakers argue that a would allow them to take excess capacity out of the market, supporting prices.

image
Business Standard
177 22