22
Dec
11:45
Tata negotiates with Greybull on longs Europe deal
Tata Steel UK tells Kallanish that is has signed a letter of intent with investment office Greybull Capital to enter exclusive negotiations for the potential sale of its Long Products Europe business.
This follows weeks of whispering and media speculation on the prospects for a deal. The letter covers several UK-based assets including Tata Steel UK’s Scunthorpe steelworks, mills in Teesside and northern France, an engineering workshop in Workington, a desi…
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Anonymous
Very good overview of the weekly steel market.
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