Diabytes
UK Assets News
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Tata Steel has put the process of selling its major British assets on hold because of the uncertainty caused by the Brexit vote and also surrounding pension liabilities and will now also look at forming a joint venture, the company said.
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The UK government is all set to buy a minority stake in the Tata Steel's UK business to support the sale
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Tata Steel's move to sell its long products business will reduce the cash losses of one of the world's largest steelmakers, but would not lower its debt, Standard & Poor's Ratings Services said on Thursday
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