Tata Steel, Thyssenkrupp
Thyssenkrupp sticks to steel spin-off plans following court judgement
German industrial group Thyssenkrupp reaffirmed its intention to establish its steel division as an independent entity on Friday, following a court ruling. It issued the statement after the European Court of Justice (ECJ) published a ruling upholding a 2019 European Commission ban on a merger between Thyssenkrupp's steel division and the European steel business of the Indian company Tata Steel.
Tata Steel, Thyssenkrupp years-old JV plan hits another wall
Thyssenkrupp has lost its appeal against the European Union's antitrust veto of its joint venture with Tata Steel. The EU's decision was upheld by the Court of Justice of the European Union. Thyssenkrupp expressed concerns about the Commission's decision and remains focused on a new joint venture with Czech billionaire Daniel Kretinsky.
ThyssenKrupp loses legal fight against EU antitrust veto of Tata Steel JV
Europe's highest, sided with the European Commission and dismissed Thyssenkrupp's appeal entirely, the judges said.
Thyssenkrupp loses fight against EU veto of Tata Steel JV
BRUSSELS (Reuters) -German conglomerate Thyssenkrupp on Friday lost its fight against a European Union antitrust veto five years ago of its proposed joint venture with Tata Steel, which was aimed at creating Europe's second-largest steelmaker.
Thyssenkrupp Loses Court Bid to Topple EU’s Tata Deal Veto
Thyssenkrupp AG lost a European Union court fight to overturn an antitrust veto of its plans for a European steel joint venture with Tata Steel Ltd.
thyssenkrupp AG: It Could Get Even Worse
AG has burned through the better part of the proceeds from the sale of TK Elevator in a mere four years. Read more to see why ...
Investors in thyssenkrupp (ETR:TKA) from five years ago are still down 71%, even after 6.9% gain this past week
Anyone who held thyssenkrupp AG (ETR:TKA) for five years would be nursing their metaphorical wounds since the share price ...
Thyssenkrupp steel head prepares staff for 'tough' cuts
Thyssenkrupp's 27,000 steel workers must brace for deep cuts, the new head of the conglomerate's steel division told a German ...
Thyssenkrupp Warns Nearly 30,000 Steel Workers To Prepare For 'Tough Cuts'
German conglomerate Thyssenkrupp is warning nearly 30,000 steel workers to brace for layoffs, according to a report Saturday.
Thyssenkrupp Says It Is Keeping to Current Strategy After Break-Up Report
Thyssenkrupp said it is keeping with its current portfolio strategy after a report by German online newspaper Handelsblatt said the German industrial company was pursuing a break-up of its group of ...
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Thyssenkrupp loses court bid to topple European Union's Tata Steel deal veto
The EU’s Court of Justice on Friday rejected all the arguments made by Thyssenkrupp, upholding the EU’s 2019 merger ...