British Steel: Officials line up Turkish firm Cengiz if Jingye bid falls through

Whitehall is thought to be lining up a Turkish backup bid for British Steel in case its sale to Chinese firm Jingye fails. Officials are holding talks with Turkish conglomerate Cengiz Holdings, according to the Guardian newspaper. The government insisted it was confident the £50m deal with Jingye would go through. However, a spokesperson refused […]

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