Thyssenkrupp-Tata Steel JV set to encounter strong opposition in Europe

Thyssenkrupp-Tata Steel JV set to encounter strong opposition in Europe

The Thyssenkrupp AG logo sits illuminated at the entrance to the company's steel plant in Duisburg, Germany, on Wednesday, Dec. 20, 2017. Photographer: Krisztian Bocsi/Bloomberg

Thyssenkrupp and Tata Steel will not go very far in concessions to gain approval for a planned steel venture, four people familiar with the matter said, adding their offer might not be enough to satisfy the European Commission.

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