ICICI Securities Ltd | Retail Equity Research Tata Steel (TSL) and ThyssenKrupp AG have signed a definitive agreement to combine their European steel businesses in a 50:50 joint venture to be named ThyssenKrupp Tata Steel BV headquartered at Amsterdam, Netherlands. While the definitive agreement largely remained in line with the MoU signed in September 2017, the only tweak is with regard to higher economic interest in ratio of 55:45 favouring ThyssenKrupp at the time of initial public offering (IPO). The completion...