Following several weeks of discussions with a number of interested parties, the Official Receiver has today said that he has accepted a bid from Jingye for the business. This is an important step towards securing steel making operations at British Steel's sites in the UK.
The government continues to work with the Official Receiver and Jingye on the next stage of the sales process.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.
