1.   

This notification concerns the following undertakings:

Tata Steel and thyssenkrupp acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the JV.

The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.

2.   

—   for Tata Steel: diversified steel producer, mining of coal and iron ore, manufacture of steel products, and selling of steel products globally; production of ferro-alloys and related minerals, and manufacture of certain other products such as agricultural equipment and bearings,

—   for thyssenkrupp: diversified industrial group active in the production of flat carbon steel products, material services, elevator technology, industrial solution and components technology,

—   for JV: production and sell of flat carbon steel products. Tata Steel and thyssenkrupp will each bring into the joint venture a number of their existing assets.

3.   

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

4.   

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.8713 — Tata Steel/thyssenkrupp/JV

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below: