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TATASTLBSL - Tata Steel BSL News Story

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Sector
Basic Materials
Size
Small Cap
Market Cap £269.2m
Enterprise Value £1.89bn
Revenue £1.70bn
Position in Universe 450th / 2999

Multiple parties register interest in British Steel

Tue 28th May, 2019 3:56pm
LONDON, May 28 (Reuters) - Multiple parties have been given
access to the books of British Steel before a deadline for
formal expressions of interest in early June, the office
handling the liquidation of the company said on Tuesday. 
    "Good progress is being made in identifying potential buyers
for British Steel," the Official Receiver said. "Multiple
parties have signed non-disclosure agreements giving them access
to a detailed information memorandum and virtual data-room that
my team has developed to inform their bids. 
    "Expressions of interest are due with me by early June."
     

 (Reporting by Kate Holton, Editing by Paul Sandle)
 ((kate.holton@thomsonreuters.com; 0044 207 542 8560; Reuters
Messaging: kate.holton.thomsonreuters.com@reuters.net))
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