Last Updated : Jun 18, 2018 04:32 PM IST | Source: Reuters

Thyssenkrupp boards working hard to get Tata Steel deal: Chief executive

"Therefore we are in close consultations with the supervisory board," Heinrich Hiesinger wrote in a staff note dated June 14, a day after the group's supervisory board met to discuss the deal.

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Thyssenkrupp's needs to quickly clinch a deal for a planned European steel joint venture with Tata Steel, its chief executive said in an internal letter, adding this was necessary to determine the group's long-term strategy.

"Therefore we are in close consultations with the supervisory board," Heinrich Hiesinger wrote in a staff note dated June 14, a day after the group's supervisory board met to discuss the deal.
First Published on Jun 18, 2018 04:16 pm