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16 Aug
15:56

Inward investment to save UK steel sector again

Once again, as it has been over the last 20 or so years, the UK steel sector is being rescued from purdah by inward investment. The Turkish military pension fund through its subsidiary Ataer Holdings (see related article) has entered exclusive sales talks with the UK Official Receiver to acquire British Steel, the Receiver confirms to Kallanish. Heads of an agreement to purchase British Steel have been signed, triggering a period of detailed due diligence o…
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