Tata Steel in Venture Talks With Thyssenkrupp on Europe Business

  • Company to start separate sale of specialty steel, pipe mill
  • Indian steelmaker looking for alternatives after Brexit vote

Vapor rises from cooling towers at the steel works operated by Tata Steel in Port Talbot, U.K.

Photographer: Simon Dawson/Bloomberg

Tata Steel Ltd. has entered into talks with companies including Germany’s Thyssenkrupp AG on a possible joint venture in Europe, after reviewing bids on the U.K. assets that the Indian steelmaker had planned to sell.

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