Tata Steel’s loss widens as the £1 sale of its Scunthorpe long products business bites

North Lincolnshire Advertiser

Tata Steel’s loss widens as the £1 sale of its Scunthorpe long products business bites

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Tata 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
September 3, 2017 |

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