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Sunday, August 11, 2019

Turkish fund considered front runner to take over British Steel - The London Post

Turkish fund considered front runner to take over British Steel

The British government is reportedly waiting to announce bid for British Steel, with Turkish consortium favoured over others. 

The country’s second largest steelmaker was put into compulsory liquidation on May 22 after Greybull Capital, which bought the company from Tata Steel (TISC.NS) for one pound three years ago, failed to secure funding to continue operating it.

more:Turkish fund considered front runner to take over British Steel - The London Post