FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp's supervisory board on Friday gave the green light for a steel joint venture with Tata Steel , paving the way for the European steel sector's biggest shake-up in more than a decade. The largest transaction in Europe's steel industry since the takeover of Arcelor by Mittal in 2006, the joint venture - to be named Thyssenkrupp Tata Steel - will have about 48,000 workers and 15 billion euros ($17.5 billion) in combined sales.
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Saturday, 30 June 2018
Thyssenkrupp seals landmark steel venture with Tata Steel
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