Tata Steel says seven bidders interested

Jessica TranterLast Update : Monday 9 May 2016 - 6:33 PM
Tata Steel says seven bidders interested

Tata Steel says seven bidders interested

Tata Port Talbot steel plantImage copyright Getty Images

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

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2016-05-09 2016-05-09
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Jessica Tranter