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Thyssenkrupp labour leaders ready to talk as Tata decision looms


DUESSELDORF/FRANKFURT (Reuters) - Labour leaders at Thyssenkrupp are willing to talk to management about an overhaul of the group's European steel operations, they said on Tuesday, but warned they remained opposed to a merger with Tata Steel.Thyssenkrupp Chief Executive Heinrich Hiesinger is under pressure to present a deal to combine Thyssenkrupp's and Tata Steel's European steel operations after talks have dragged on for a year and a half.A merger is Hiesinger's preferred option, and the company said this week a memorandum of understanding (MoU) between the companies could be reached this ...

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First Published: Tue, September 12 2017. 22:06 IST