thyssenkrupp and Tata Steel sign MoU to combine European steel activities in 50/50 joint venture

Green Car Congress
By mmillikinSep 20, 2017, 6:59 am71 pts
thyssenkrupp and Tata Steel signed a memorandum of understanding (MoU) to combine their European steel activities in a 50/50 joint venture. Their aim is to create a leading European flat steel player to be positioned as quality and technology leader. The new entity is set to have pro-forma sales of about €15…

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