Tata Steel UK Limited today announced the signing of an agreement to sell its Long Products Europe business to the family investment office, Greybull Capital.
The sale for a nominal consideration, would be in exchange for Greybull Capital taking on the whole of the business, including assets and relevant liabilities, and securing an appropriate funding package. The deal would be completed once a number of outstanding conditions have been resolved, including transfer of contracts, certain Government approvals and the satisfactory…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
