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Sale of Scunthorpe Tata Steel works to Greybull Capital 'set to...

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THE sale of Scunthorpe's Tata Steel works to Greybull Capital is expected to be completed next week, according to reports. A deal was agreed in April for the Indian-owned steel giant's European long products division, which employs around 3,000 people at the Scunthorpe works. Sky News has reported today (Saturday, May 28) that sources have confirmed a £400 million financing package required for the sale to be completed was now in place. The business is set to be renamed British Steel and...

Sale of Scunthorpe Tata Steel works to Greybull Capital 'set to...


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