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TATA STEEL: Greybull Capital agrees deal to buy Scunthorpe...

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GREYBULL Capital today announced it has agreed a deal to buy the Scunthorpe steelworks and long products division from Tata SteelThe £400 million deal could save up to 4,000 jobs at the town's plant. The investment firm has been in discussion with Tata Steel following the announcement in October that they would be making 900 redundancies including closing the Dawes Lane coke oven and mothballing one of the plate mills.It is understood Greybull is looking to rebrand the site as...

TATA STEEL: Greybull Capital agrees deal to buy Scunthorpe...


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