Tata Steel says seven bidders interested
9 May 2016
- From the section Business
Tata Steel has confirmed that it has seven bidders interested in buying its UK operations.
The company said they had been immediately taken forward to the next stage of the sale process.
In addition, the firm said that Tata Steel Europe was clarifying outstanding points with a number of other interested parties.
India’s Tata Steel put the loss-making plant up for sale earlier this year and is hoping for a quick sale process.
Source: BBC Business