Thyssenkrupp workers urge thoroughness over speed in Tata Steel talks
Updated : June 21, 2018 08:07 PM IST
The remarks come as Thyssenkrupp Chief Executive Heinrich Hiesinger finds himself under pressure from all sides to present a deal that will satisfy employees and investors, which have grown increasingly frustrated with the lengthy negotiations.
Talks to create a European steel joint venture have dragged on for more than two years and have hit a snag after the diverging performance of the two businesses promptedThyssenkrupp's activist shareholders Elliott and Cevian to ask for better terms.
Published : June 22, 2018 05:33 AM IST