China's Jingye Group completes buyout of British Steel

Loading... Views | May 19

Read the full article: https://bit.ly/33jbbdy Steelmaker Jingye Group has completed its buyout of British Steel, reviving a business that was placed into compulsory liquidation last May. A statement from Jingye said it had completed the acquisition of British Steel’s UK and Dutch assets from the official receiver and confirmed it planned to invest £1.2bn ($1.6bn) in the company.