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Thyssenkrupp won't rush into Tata Steel merger: CFO

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - Thyssenkrupp will carefully evaluate any potential pension deal by Tata Steel before advancing with a hoped-for merger of both groups' European steel businesses, the German company's finance chief said on Thursday."If you read that Tata has a deal, that doesn't mean we can stand up a week later and say: Now we have a joint venture," Guido Kerkhoff told journalists after presenting third-quarter results."Quality comes before time."Britain's Sky News reported on Wednesday that Tata Steel was on the brink of detaching its 15 billion-pound ($19.45 billion) British Steel ...

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First Published: Thu, August 10 2017. 13:09 IST
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