Thyssenkrupp nears $17b JV compromise deal with Tata Steel

Thyssenkrupp nears $17b JV compromise deal with Tata Steel

The logo of German steel-to-elevators group ThyssenKrupp AG is pictured during the company's annual news conference in Essen, Germany, November 24, 2016. REUTERS/Wolfgang Rattay

Thyssenkrupp and Tata Steel are nearing a 15 billion euro ($17.4 billion) deal this week to combine their European assets into a global steel giant, sources familiar with the talks told Reuters.

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