04
Oct
09:37
Tata Steel initiates Netherlands, UK business separation process
Tata Steel formally initiated on 1 October the process to separate its European operations into two businesses, following the conclusion of consultations with employees, Kallanish learns from a company spokesperson.
The intended separation of Tata Steel Netherlands and Tata Steel UK into two individual businesses was announced earlier this year (see Kallanish passim).
“As we have said previously, this will allow our UK and Netherlands-based operations to pu…
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