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Thyssenkrupp won't rush into Tata Steel merger: CFO

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - will carefully evaluate any potential pension deal by before advancing with a hoped-for of both groups' European businesses, the German company's chief said on Thursday.

"If you read that 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

"Quality comes before time."

Britain's Sky reported on Wednesday that was on the brink of detaching its 15 billion-pound ($19.45 billion) British pension fund from its UK operations, a precondition for any deal with to happen.

($1 = 0.7714 pounds)

(Reporting by Christoph Steitz and Georgina Prodhan; Editing by Maria Sheahan)

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

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