E-PaperThyssenkrupp Tata Steel News
Thyssenkrupp and Tata offer remedies to win EU deal approval
Companies normally offer to sell overlapping units to allay concerns that the merged firm would have too much power to increase pricesThe companies are reportedly prepared to sell part of car body sheet production, including Thyssenkrupp’s Spanish unit Galmed
1 min read2 Apr 2019Andreas Goss named CEO of Thyssenkrupp Tata Steel
Hans Fischer, currently the CEO of Tata Steel Europe, will be the deputy CEO and chief technology officer of Thyssenkrupp Tata Steel
2 min read17 Dec 2018Thyssenkrupp inches toward breakup as top leadership departs
Activist investors, including Cevian Capital, have pressured Thyssenkrupp management to streamline the 207-year-old German firm, which has operations in submarines, elevators, food packaging
2 min read17 Jul 2018Thyssenkrupp unlikely to choose a successor to Hiesinger soon
Heinrich Hiesinger departure came days after Thyssenkrupp, Tata Steel finalized an agreement to set up a European steel colossus a deal that lost its initial luster amid increasing opposition from investors, labour unions
2 min read6 Jul 2018Merger with Thyssenkrupp a major milestone for Tata Steel
The final deal says that in the event of an IPO of Thyssenkrupp Tata Steel BV, the German firm will receive a higher share of the proceeds, that is, a 55/45 split in favour of Thyssenkrupp
3 min read2 Jul 2018The Tata Steel, Thyssenkrupp JV deal and the art of compromise
When a Thyssenkrupp Tata Steel BV IPO happens, the valuation may be influenced more by Thyssenkrupp's performance, especially if it continues to outperform
2 min read2 Jul 2018Thyssenkrupp workers pave way for Tata Steel joint venture
Thyssenkrupp works council signalled their support for a planned joint venture with Tata Steel, effectively guaranteeing that the deal will be approved by the group's supervisory board
1 min read28 Jun 2018Thyssenkrupp’s CEO under fire as activist Elliott buys stake
Thyssenkrupp's CEO Heinrich Hiesinger staked his reputation on transforming the German steelmaker into an engineering conglomerate
3 min read23 May 2018Steel unit boosts Thyssenkrupp profit ahead of Tata Steel tie-up
Q1 operating profit at Thyssenkrupp's Steel Europe unit rose nearly sixfold to 160 million due to an improvement in steel prices that has also benefitted Tata Steel and ArcelorMittal
1 min read15 Feb 2018Thyssenkrupp, workers strike deal on Tata Steel Europe merger
The agreement between Thyssenkrupp and worker unions on the Tata Steel merger deal foresees no forced layoffs or major site closures till 30 September 2026
2 min read23 Dec 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared