Tata Steel announces buyer for specialist business

Tata Steel announces buyer for specialist business
 

Tata Steel has announced its preferred bidder for the £100m sale of its Speciality Steels division based in South Yorkshire.
The firm said it had signed a Letter of Intent to enter into exclusive negotiations with Liberty House Group.
More than 1,700 people are employed in the division, which has factories in Rotherham and Stocksbridge.
Steel union Community said it welcomed news of negotiations following "months of unnecessary stress and concern".
More on this and other South Yorkshire stories
The union's general secretary Roy Rickhuss said: "This is a positive step for the... read more

 
28 November 2016 in Business, Views: 48
Source: BBC
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