Tata Steel inches closer to Europe JV as pension woes set to end

Tata Steel inches closer to Europe JV as pension woes set to end

Tata Steel. Photo: Mint

Tata Steel Ltd. and the trustee of the British Steel Pension Scheme have agreed to terms to separate the plan from the Indian steelmaker’s U.K. unit, eliminating the last hurdle for it to proceed with a strategy to place European operations into a joint venture.

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