Europe’s largest elevator and escalator makers Thyssenkrupp, Schindler, Otis and Kone were early customers but demand has surged amid corona
26 Apr 2020 1:46 PM
The aim of the merger had been to create the second largest European steel company behind multinational giant ArcelorMittal.
11 Jun 2019 5:25 PM
The journey of de-leveraging and creating structurally strong enterprise continues, said TV Narendran.
15 May 2019 12:45 PM
Germany's Thyssenkrupp said that it was scrapping merger plans with steel giant Tata and would slash 6,000 jobs worldwide.
11 May 2019 11:13 AM
Tata Steel and ThyssenKrupp had proposed to combine their steel operations Europe.
03 Apr 2019 2:52 PM
The EU competition regulator did not provide details of the concessions.
02 Apr 2019 8:51 AM
It is the largest deal in Europe’s steel industry since the takeover of Arcelor by Mittal in 2006.
30 Jun 2018 11:15 AM
Unions at Thyssenkrupp have opposed the deal and are concerned more steel jobs may go in the long term.
06 Oct 2017 12:52 PM
The merger was driven chiefly by a need to address chronic overcapacity in Europe’s steel market.
02 Oct 2017 7:55 PM
Thyssenkrupp top management’s move this week to sign a memorandum of understanding with Tata Steel for a 50-50 joint venture.
23 Sep 2017 4:42 PM
The shares of Tata Steel rose 1.64 per cent to end the trading session at Rs 687.65 on the Bombay Stock Exchange.
21 Sep 2017 2:48 AM
The new company, to be named Thyssenkrupp Tata Steel, would be headquartered in or near Amsterdam.
20 Sep 2017 11:49 AM
Thyssenkrupp is opposed to taking on 15 billion pounds ($19.4 billion) in UK pension liabilities.
17 May 2017 1:27 PM
Parent company Tata Steel has held talks to merge its European assets with Germany's Thyssenkrupp.
27 Jan 2017 11:06 AM