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Tata Steel to split European activities, in talks with SSAB about Dutch sale

Reuters
Company logo seen outside the Tata steelworks near Rotherham in Britain

AMSTERDAM (Reuters) - Tata Steel <TISC.NS> will split its Dutch and British steel operations with immediate effect, as it is looking to sell the Dutch arm, a source close to the company told Reuters on Friday.

Swedish steelmaker SSAB <SSABa.ST> earlier on Friday confirmed it is in discussions with Tata Steel Group <TISC.NS> over the potential acquisition of the IJmuiden steel mill in the Netherlands and related downstream assets.

(Reporting by Bart Meijer; editing by David Evans)