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Shareholders urge Thyssenkrupp to get on with Tata Steel deal

To merge their European steel businesses this year

Reuters  |  Duesseldorf | Frankfurt 

  Thyssenkrupp shareholders are urging the group to clinch a deal with Tata Steel to merge their European steel businesses this year, warning failure to do so would be a blow to its credibility. Talks between the two firms over a potential combination have been dragging on for a year and a half, held up mainly by lengthy negotiations to cut Tata Steel's pension liabilities in Britain that ended with an agreement last month. A deadline for objections against the agreement ends on Friday, with no complaints expected, clearing a further hurdle for the two parties to sign a ...

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First Published: Fri, September 08 2017. 18:10 IST
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