26 Jun 2019
European Commission prohibits proposed steel joint venture between Tata Steel and thyssenkrupp
In this update, we look at the following development: European Commission prohibits proposed steel joint venture between Tata Steel and thyssenkrupp
On 11 June 2019 following an in-depth Phase 2 investigation, the European Commission prohibited a proposed joint venture between Tata Steel and thyssenkrupp. This is the tenth merger to be blocked by the Commission in the last ten years, and the third this year.
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This material is provided for general information only. It does not constitute legal or other professional advice.
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