Thyssenkrupp positive over Tata Steel deal

Bloomberg

Thyssenkrupp AG sees room for reaching an agreement with the European Commission on a planned joint venture with Tata Steel Ltd as “further discussion” with Competition Commissioner Margrethe Vestager is set for next week.
“The EU commission has taken the adjustments to
the remedies offered by Thyssenkrupp and Tata Steel as an opportunity to conduct another market test,” Peter Sauer, a Thyssenkrupp spokesman, said. “There are still various ways to adjust the commitments made, without compromising on the economic logic of the joint venture.”
The Financial Times reported that antitrust regulators were likely to block the deal unless both firms offer concessions.