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06 Feb
12:37

Jingye visits France to accelerate British Steel acquisition

Executives from China’s Jingye visited British Steel’s French Hayange plant this week to try accelerate the possible acquisition of the troubled UK steelmaker’s assets. French authorities have in recent weeks often stressed that they would veto the sale of British Steel to Jingye if the French unit was put under threat from the acquisition (see Kallanish passim). During the visit this week the executives announced a series of investments for the …
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