January 24, 2020 / 12:33 PM / a month ago

China's Jingye says aims to complete British Steel takeover in Q1

LONDON (Reuters) - China’s Jingye Group (600768.SS) aims to complete its planned takeover of British Steel before the end of March as it makes progress in securing approvals for the deal, it said on Friday.

It also said in a statement that a deal with unions would preserve the majority of jobs at British Steel, which went into liquidation last year.

Reporting by Eric Onstad; Editing by Jan Harvey

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below