Tag: British Steel
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Chinese Giant Jingye Group likely to mark its Entry in UK with British Steel’s Acquisition
China’s Jingye Group said on Monday that it is in talks to buy British Steel in a deal estimated to be worth about 70 million pounds (USD 90 million) that could help protect thousands of British jobs and ease uncertainty over the troubled steelmaker. The company is also indirectly responsible for 20,000 workers in the…