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11 Nov
15:44

China's Jingye agrees to acquire British Steel

China’s Jingye Group has exchanged contracts and reached an agreement to acquire certain assets of British Steel, both the Chinese steelmaker and the UK official Receiver’s (OR) office confirm to Kallanish. “We are delighted to have reached this agreement. As a young company with large ambitions we have long admired British Steel and appreciate its illustrious heritage. We share with the thousands of British Steel workers a passion for this ind…
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