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Tata Steel Europe
Latest News
thyssenkrupp Forms an Alternative to Tata Steel Europe Combination
02 August 2017 - thyssenkrupp is developing a Plan B to a proposed joint venture for its steel operations, reports the Bloomberg news service.
Liberty House Acquires Two Tata Pipe Mills
11 July 2017 - Metals entrepreneur Sanjeev Gupta’s Liberty House Group has reached a deal to acquire two large-diameter pipe mills from Tata Steel U.K.
Tata, thyssenkrupp Leaders to Meet on Potential Steel Merger
05 July 2017 - thyssenkrupp chief executive Heinrich Hiesinger plans to meet with Tata Sons chairman Natarajan Chandrasekaran this month to see if the two companies can put together a deal on merging their European steel operations, according to the German business newspaper Handelsblatt.
Tata Steel Looks To Grow European Tailored Blanks Business
20 March 2017 - As competition from low-cost steel imports erodes demand for domestic auto steel in Europe, Tata Steel is trying to carve out a larger niche for its tailored blanks business, notes Automotive News.
Tata Strikes Deal to Divest U.K. Specialty Steel Business
10 February 2017 - Tata Steel has reached an agreement to sell its U.K. specialty steel business to metals entrepreneur Sanjeev Gupta and his Liberty House Group for 100 million pounds, Tata has announced.
Tata Negotiating Pay-Out to End pension Fund Guarantee Held on Steel Plant
13 January 2017 - Trustees of Tata Steel’s U.K. pension fund are negotiating a potential pay-out from the steelmaker in exchange for releasing a guarantee held on its Dutch steel works, according to reports.
Tata UK Finds a Buyer for its Specialty Steel Business
29 November 2016 - Tata Steel Ltd. has a preliminary deal to sell its U.K.-based specialty steel business to Sanjeev Gupta’s Liberty House Group, the company has announced.
Report: Tata Might Retain U.K. Steel Business
04 November 2016 - The Tata Group is to decide the fate of its U.K. steel business within the next four weeks, but is leaning toward retaining the operation, reports The Guardian newspaper.
Tata Steel Continues to Negotiate Joint Venture Partnership for U.K. Strip Business
28 October 2016 - The ouster of Cyrus Mistry as chairman of Tata Group's holding company has renewed questions over the fate of Tata Steel's European arm. Nevertheless, the company is continuing to pursue a merger of its U.K strip business and a separate sale of its specialty steel business there, the company said on Friday.
Tata Steel Opens Pension Talks with Labor Representatives
26 September 2016 - Tata Steel executives are meeting with labor leaders at its U.K. steel works as the steelmaker looks for an agreement on changes to its pension plan, according to reports.
thyssenkrupp Engages Labor on European Steel Restructuring
01 September 2016 - thyssenkrupp and labor representatives have agreed to establish a task force that is to discuss, among other things, whether the company needs to merge steelmaking operations with others, according to the Reuters.
Workers Protest Potential Merger of thyssenkrupp, Tata European Operations
31 August 2016 - Steel workers at Germany’s thyssenkrupp staged a rally on Wednesday to protest the potential merger of the company’s European steel division with Tata Steel’s European unit, reports the Reuters news service.
Metals Trader Completes Acquisition of Scottish Plate Mills
28 April 2016 - Metals trading firm Liberty House has closed on its acquisition of two Tata Steel plate mills in Scotland, the firm has announced.
ThyssenKrupp CEO: We Want to Be a Part of European Steel Consolidation
15 April 2016 - If thyssenkrupp chief executive Heinrich Hiesinger had his druthers, the company would take part in a consolidation of Europe’s steel industry, perhaps getting together with Tata Steel’s European operation.
U.K. Government Might Consider Investment in Tata Steel Sale
12 April 2016 - The U.K. government might “co-invest” with whomever acquires Tata Steel’s U.K. operation, according to reports.
Tata Steel, Investment Firm Shake Hands on Sale of Long Products Business
11 April 2016 - Tata Steel has reached a deal to sell its European long products business to private investment firm Greybull Capital, the company has announced.
Report: Tata May Have Hard Time Finding Buyer for U.K. Business
07 April 2016 - After Tata Steel announced that it would look to divest its U.K. business last week, the hope has been for a quick sale to a buyer with a turn-around plan.
Tata Steel to Start Formal Sales Process for U.K. Business Next Week
06 April 2016 - Tata Steel will launch the formal sales process for is ailing U.K. business on 11 April, according to a U.K. official.
Report: Tata Steel, thyssenkrupp Might Bring European Operations Together
01 April 2016 - As India’s Tata Steel looks to exit the United Kingdom, it’s reportedly considering a new direction for its other European assets.
Nine Years and Billions of Dollars Later, Tata Steel Calls it Quits in the United Kingdom
30 March 2016 - After spending billions to buy Anglo-Dutch steelmaker Corus in 2007, and then losing millions more on the investment, India’s Tata Steel has announced plans to sell its U.K. business, leaving thousands of jobs at risk.
