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China’s Jingye Group agrees outline deal to rescue British Steel

China's Jingye Group said on Monday it has reached a provisional deal to buy British Steel and promised to invest 1.2 billion pounds ($1.5...

Turkey’s military pension fund reaches British Steel deal

Turkey's military pension fund OYAK has reached a provisional agreement to take over British Steel and could close the deal by the end of...

British Steel collapses, 25,000 jobs at risk

British Steel, the country's second largest steel producer, has collapsed after failing to secure emergency government funding, jeopardising some 25,000 jobs, Britain's Official Receiver...

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