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Saturday, April 14, 2018 - 9:46:42 PM
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Mining News Agency -Tata Steel considered holding the majority of merger with ThyssenKrupp’s shareholdings, and it would achieve a sharpening of the steel business in Europe.
Mining News -According to the market news, the merger company, ThyssenKrupp Tata Steel, could be spun off from the above companies’ business in order to go public. On April 6th, market news stated that ThyssenKrupp has wanted to withdrawal steel industry, but Tata steel has tried to expand steel business scope.
Therefore, Tata Steel would take more business share when joint venture went public, but it depended on the state of operation in India’s business and the IPO condition.
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https://www.miningnews.ir/En/News/155197
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