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What Brokerages Made Of Tata Steel-Thyssenkrupp JV Collapse

Brokerages said the collapse of Tata Steel Ltd.’s proposed venture with Thyssenkrupp AG may not affect its efforts to reduce debt.

Nickey Mirchandani
Smoke rises from the steel works operated by Tata Steel Ltd. (Photographer: Chris Ratcliffe/Bloomberg)

Shares of Tata Steel slipped as much as 3.1 percent following a 6.2 percent fall on Friday after a proposed merger of its European operations with Thyssenkrupp was abandoned.

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