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German push to make Thyssenkrupp look at Tata Steel JV alternatives

Thyssenkrupp CEO Heinrich Hiesinger is interested in a tie-up with Tata Steel

Reuters  |  Duisburg, Germany 

Thyssenkrupp should consider alternatives to a planned merger of its European steel activities with those of Tata Steel, German foreign minister Sigmar Gabriel said on Friday. “My actual request to the company is to look at other alternatives,” Gabriel said in Duisburg, Germany’s largest steelmaking centre. Gabriel added this should not happen publicly, “but in strategic sessions, maybe even with the state and with labour representatives”. Thyssenkrupp Chief Executive Heinrich Hiesinger is interested in a tie-up of the group’s ...

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First Published: Sat, August 26 2017. 00:37 IST
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