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Tata Steel's Dutch employees throw spanner in Thyssenkrupp JV works

Reuters  |  AMSTERDAM 

By Bart H. MeijerAMSTERDAM (Reuters) - Tata Steel's Dutch works council has called into question a timeframe for completing a joint venture between the Indian group and Thyssenkrupp by end-June, saying it may need more time to assess the deal, its president said."We expect to need at least two to three months to finish our process," Dutch works council president Frits van Wieringen told Reuters on Friday. The council started its evaluation on May 1.Tata's Dutch works council last month said it still had "major reservations" over the consequences of the joint venture for the Dutch activities ...

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First Published: Fri, May 18 2018. 17:21 IST
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