ThyssenKrupp sees room for EU agreement on Tata Steel deal

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ThyssenKrupp sees room for EU agreement on Tata Steel deal
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ThyssenKrupp said on Sunday it still saw scope for agreement with European antit...

FILE PHOTO: A logo of ThyssenKrupp AG is pictured outside the ThyssenKrupp headquarters in Essen, November 23, 2017. REUTERS/Thilo Schmuelgen/File Photo

Tata Steel and ThyssenKrupp have proposed combining their steel operations in Europe to form the region’s second-biggest steelmaker. However, the landmark deal has not yet been approved because of concerns about its impact on competition. A ThyssenKrupp spokesman said: “The Competition Commission has taken the reworked commitments proposed by ThyssenKrupp and Tata Steel as an opportunity to conduct another market test.”

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