Tata Steel’s loss widens as the £1 sale of its Scunthorpe long products business bites
Comments Off on Tata Steel’s loss widens as the £1 sale of its Scunthorpe long products business bitesTata Steel’s loss widens as the £1 sale of its Scunthorpe long products business bitesTata Steel has revealed it lost almost £200m on the sale of its Scunthorpe-based long products business for a nominal £1. The sale of the beleaguered unit back in May 2016 to turnaround investor Greybull Capital made a significant dent on the company’s …
Source : www.cityam.com