Media speculations (Rheinische Post) suggest that negotiations between Tata Steel and ThyssenKrupp are well advanced. Tata is desperately trying to find a buyer for its British steel activities (what about the Dutch operations?) and ThyssenKrupp seems to be willing to make another mistake (after its unfortunate Brazilian venture). These British steel activities have one advantage to the Brazilian operation: they have clients whereas Steel Brazil was constructed without having any clients.
01 Apr 2016
Another disaster will hopefully be avoided by ThyssenKrupp
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Another disaster will hopefully be avoided by ThyssenKrupp
thyssenkrupp AG (TKR:WBO) | 0 0 0.4% | Mkt Cap: 14,231m
- Published:
01 Apr 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
Media speculations (Rheinische Post) suggest that negotiations between Tata Steel and ThyssenKrupp are well advanced. Tata is desperately trying to find a buyer for its British steel activities (what about the Dutch operations?) and ThyssenKrupp seems to be willing to make another mistake (after its unfortunate Brazilian venture). These British steel activities have one advantage to the Brazilian operation: they have clients whereas Steel Brazil was constructed without having any clients.