Tata Steel Ltd (TISC.BO)
Wed, Aug 16 2017
DUESSELDORF, Germany Thyssenkrupp has no timeline to make a final decision on a potential merger of its European steel operations with those of peer Tata Steel, a spokesman for the group said.
Aug 11 India's Tata Steel Ltd has received regulatory approval for a deal to cut its UK pension scheme liabilities, it said on Friday, paving the way for a possible merger between its British and European steel businesses and those of Germany's Thyssenkrupp.
Aug 11 India's Tata Steel Ltd has received regulatory approval for a UK pension deal, it said on Friday, paving the way for a possible merger between its British and European steel assets and those of Germany's Thyssenkrupp . With the new agreement coming into effect, the UK pension scheme will be separated from Tata Steel UK and a number of affiliates, the company said. (http://bit.ly/2vt3uAD)
FRANKFURT, Aug 10 Thyssenkrupp would not be opposed to a stock market listing of a steel joint venture that could emerge from ongoing talks with Tata Steel , the group's chief financial officer said on Thursday.
FRANKFURT Thyssenkrupp will not be rushed into any deal with Tata Steel to merge their European steel businesses, its chief financial officer said, pouring cold water on investor hopes for a quick agreement.
* Materials businesses earn cost of capital in first nine months
Aug 7 Tata Steel Ltd returned to profit in the first quarter of this year after a loss a year ago, helped by the ramp up of its Kalinganagar plant in the Indian state of Odisha.
Aug 7 Tata Steel Ltd swung to a first-quarter profit from a loss a year ago, as sales volumes were boosted by the ramp-up of its Kalinganagar plant.
Aug 7 Indian shares slipped on Monday, dragged down by IT stocks, while the decline was capped by gains in Tata Steel Ltd on expectations of strong quarterly results.
Aug 7 Indian shares edged higher on Monday, as Tata Steel Ltd rose on expectations of strong quarterly results, but broader gains were capped by profit-taking on concerns over valuations.