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Tata Steel works council might take until August to assess steel JV

Reuters  |  AMSTERDAM 

(Reuters) - Tata Steel's Dutch works council could take until August to complete its assessment of a planned joint venture with Thyssenkrupp, its said, questioning the German group's timeline for a signing of the deal by end-June.

"We expect to need at least two to three months to finish our process," Dutch works council told The council started its evaluation on May 1.

earlier this week said it expected to be able to sign the deal with in the first half of the year.

But this will not happen without the consent of the Dutch workers, van Wieringen said.

(Reporting by Bart Meijer; Editing by Christoph Steitz)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 15:54 IST