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Tata Steel and Thyssenkrupp merger welcomed by unions

Unions have welcomed a merger between Tata Steel and Thyssenkrupp which will create Europe’s second-biggest steelmaker.

The deal will mean Indian-owned Tata’s UK plants are merged into a pan-European venture, which includes the UK’s biggest steelworks at Port Talbot.

Tata said its “ambition” was to not have any compulsory redundancies in the UK as part of the joint venture…
World Business News

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