Business Standard

DEAL IN THE MAKING

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■ A deal would combine Europe’s 4th and 2nd largest steelmaker­s

■ Thyssenkru­pp is also exploring tie-ups with Germany’s Salzgitter, Sweden’s SSAB, and Tata

■ German union IG Metall has opposed the bid, fearing it could lead to job cuts

■ A planned JV between Thyssenkru­pp and Tata Steel was blocked in 2019

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