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15 May
16:48

British Steel problems cause concerns over Ascoval purchase

The apparently difficult position in which British Steel now finds itself is also causing concerns in France where the UK long steelmaker is in the process of buying steel producer Ascoval in Sainte Saulve. At the beginning of May, a French court had confirmed that British Steel had succeeded with its offer to buy Ascoval and had confirmed that the acquisition would take place, ”… in the middle” of the month. Yesterday, 15 May, was the nominal…
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