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Oct 6, 2018 | Thyssenkrupp-Tata Steel merger may fall under merger control regulation

Read More>> The Thyssenkrupp-Tata Steel merger could fall under merger control regulation, according to the European Commission’s initial findings, S&P Global Platts reported quoting the commission's Official Journal. The two companies officially notified the commission on the merger last week. 

The comments by the commission dated October 3, 2018 ask third parties to send remarks in the next ten days, the report added. 
  "On preliminary examination, the commission finds that the notified transaction could fall within the scope of the merger regulation," the commission said, adding that a definite decision has not been made yet, the report pointed out. The commission set a preliminary decision deadline for October 30 and will then decide whether to grant approval or initiate an in-depth investigation.