Friday 29 September 2017
Tata Steel-Thyssenkrupp deal will reduce exposure to structurally weaker business: Fitch
MUMBAI: Tata Steel's recently signed memorandum of understanding (MoU) with Thyssenkrupp AG to create a 50:50 JV in Europe will help the Indian steel major reduce exposure to a structurally weaker business, Fitch Ratings said.
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