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Monday, January 27, 2020 - 10:18:40 AM
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Mining News Pro - Turkish conglomerate Cengiz Holding said on Sunday it was ready to bid for British Steel if a sale to China’s Jingye Group fell through.
According to Mining News Pro - “British Steel is an important asset and we are watching developments closely and are ready to make a bid for the whole of British Steel,” Cengiz Holding CEO Omer Mafa said in a statement.
Jingye Group announced a provisional deal to buy British Steel in November, agreeing to pay around 50 million pounds ($66 million), sources said at the time. It said on Friday it was progressing with securing approvals for the deal.
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https://www.miningnews.ir/En/News/480012
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