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UK Assets News

08 Jul 2016

Tata Steel pauses sale of UK assets on Brexit uncertainty, looks for partner

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.

21 Apr 2016

Britain to take 25% stake in Tata Steel UK to support sale

The UK government is all set to buy a minority stake in the Tata Steel's UK business to support the sale

14 Apr 2016

Sale of long products business won't lower Tata Steel's debt: S&P

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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