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Wed, Jun 29 2016

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Brexit makes government fix to Tata Steel pension plan elusive

LONDON/BRUSSELS A government overhaul of the British Steel Pension Scheme - crucial to convincing anyone to buy Tata's British assets – is in jeopardy after Britons' vote to leave the European Union deepened the fund's debts and depleted its assets, analysts and industry sources said.

Brexit makes government fix to Tata steel pension plan elusive

LONDON/BRUSSELS, June 29 A government overhaul of the British Steel Pension Scheme - crucial to convincing anyone to buy Tata's British assets - is in jeopardy after Britons' vote to leave the European Union deepened the fund's debts and depleted its assets, analysts and industry sources said.

Brexit decision piles pressure on Tata British steelworks

LONDON Tata Steel's Port Talbot plant has moved a step closer to closure following Britain's decision to leave the European Union, but buyers remain interested, industry sources said on Friday.

Brexit decision piles pressure on Tata British steelworks

LONDON, June 24 Tata Steel's Port Talbot plant has moved a step closer to closure following Britain's decision to leave the European Union, but buyers remain interested, industry sources said on Friday.

Thyssenkrupp, Tata close to steel merger MoU: Manager Magazin

FRANKFURT Thyssenkrupp and Tata Steel could sign a memorandum of understanding on merging their European steel businesses within weeks, German business monthly Manager Magazin reported on Friday, citing insiders.

Liberty lines up banks, private funds for Tata Steel UK bid

DUBAI Liberty House Group has lined up financing from banks in the United Kingdom and India as well as several private investment firms to support its bid to acquire the British assets of Tata Steel , Executive Chairman Sanjeev Gupta told Reuters.

Liberty lines up banks, private funds for Tata Steel UK bid

DUBAI, June 21 Liberty House Group has lined up financing from banks in the United Kingdom and India as well as several private investment firms to support its bid to acquire the British assets of Tata Steel, Executive Chairman Sanjeev Gupta told Reuters.

Carmakers seek alternatives to UK steel as Tata looks for buyers

LONDON Carmakers in Britain are making plans to get more steel from continental Europe, putting pressure on Tata Steel to secure a sale of its troubled UK plants before it loses customers.

Carmakers seek alternatives to UK steel as Tata looks for buyers

LONDON, June 2 Carmakers in Britain are making plans to get more steel from continental Europe, putting pressure on Tata Steel to secure a sale of its troubled UK plants before it loses customers.

'We won't let them wreck our plant,' Tata's Dutch steelworkers say

IJMUIDEN, Netherlands/LONDON With Tata Steel's troubled British operations up for sale, Dutch workers at its only other European site for primary steelmaking are in defensive mood, and yet the plant may have a bright future.

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