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Thyssenkrupp to quickly send documents to EU in Tata JV review

Reuters  |  FRANKFURT 

(Reuters) - expects soon to submit documents that the has requested to resume an in-depth investigation of its planned joint venture with Tata Steel, the company said on Thursday.

The Commission earlier stopped the clock on the probe, a mechanism that it said is triggered if parties fail to provide, in a timely fashion, an important piece of information requested from them.

"Once the missing information is supplied by the parties, the clock is re-started and the deadline for the Commission's decision is then adjusted accordingly," the Commission said.

It had originally set deadline of March 19, 2019, to end its investigation.

(Reporting by Tom Kaeckenhoff, and Christoph Steitz; Editing by Douglas Busvine)

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

First Published: Thu, December 06 2018. 20:56 IST