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11 May
11:17

tk-Tata merger failure surprises many but not all

Friday’s news that thyssenkrupp and Tata Steel have seen their steel merger fail due to the European Commission’s continued objections came as a surprise to many, but not to everyone. In their statements (see related article), the companies note that they have offered a comprehensive package of remedies covering all the areas of concern highlighted by the Commission. ”However, the feedback from the Commission based on the market test it has und…
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