a plant birger with indian competitor ta ta it was meant to give the $27000.00 steel workers germany's to syncro a secure future but the plan has hit stiff resistance along the european commission competition authorities noticing croque has pulled out of the merger in a move that will cost thousands of jobs. things look very different 9 months ago back then to some group and indian rival tata steel wanted to merge and create europe's 2nd biggest steel company but recently just encrypts new boss kito cara cove played down the importance of a make a deal that had been years in the making he said it wouldn't destroy the company if it didn't happen. to us all for shares in the german steel company i've lost half their value since the beginning of $28.00 team management flip flopping during the fusion process didn't play well with nervous investors now it's finally the marriage is off the table. and we decided on a new strategy for to some crib the reason for this was that today we received news from brussels that the steel joint venture probably won't be approved it the s. and bass company