“Talks with Tata are constructive, and negotiations are well under way,” she said.
Tata Steel told Metal Bulletin on Monday that it continues to be engaged in “constructive discussions” with ThyssenKrupp regarding the potential merger.
However, the spokesman sounded a note of caution despite ThyssenKrupp’s optimism. “Until a definitive agreement is reached, there can be no assurances these discussions will result in a transaction,” he said.
Pension scheme hurdle cleared
ThyssenKrupp’s upbeat assessment came as the potential merger between the two...