Tata Steel to sell SAW mills in UK to Liberty House Group
The sale agreement covers the 42-inch and 84-inch pipe mills, also known as the SAW mills, where about 140 employees manufacture pipeline for gas and oil projects around the world, the company said in a statement.
Jul 11, 2017, 18:48 PM IST
Tata Steel UK completes sale of speciality steel business to Liberty House Group
Tata Steel UK In a major announcement on Tuesday, Tata Steel UK announced that it has completed sale of its speciality steel business to Liberty House Group for 100 million pound.
May 02, 2017, 17:08 PM IST
Tata Steel UK to close pension scheme, to implement new scheme
Tata Steel UK has completed the consultation process to close its existing pension scheme for its workers from March 31, 2017. A new pension scheme will be implemented from April 1, 2017.
Mar 08, 2017, 20:09 PM IST
Tata Steel UK concludes sale of speciality division to Liberty House
Tata Steel UK concludes sale of speciality division to Liberty House.Watch the full segment for more details.
Feb 09, 2017, 23:43 PM IST
Tata Steel UK to sell Specialty Steels to Liberty House for £100 mn
Global giant Tata Steel Thursday said it has inked a pact to sell its Specialty Steel business that employs 1,700 people to Liberty House Group for 100 million pound (about Rs 840 crore).
Feb 09, 2017, 18:42 PM IST
Unions back Tata Steel pension plan
UK Steel workers' unions have given their backing to Indian conglomerate Tata Steel UK's pension plan in a bid to rescue thousands of jobs and allow a merger with German major ThyssenKrupp to go ahead.
Jan 27, 2017, 15:03 PM IST
Tata Steel offers to pay millions for pension scheme revamp
Tata Steel Ltd has offered to pay hundreds of millions of pounds to its pension scheme to release a guarantee the fund holds over its Dutch assets, as the Indian firm moves closer to merging its Eu
Jan 13, 2017, 14:49 PM IST
Tata Steel signs pact with Liberty House Group for sale of UK Speciality Steels operations
Tata Steel on Monday clinched a pact with UK-based Liberty House Group that allows it to start exclusive talks for potential sale of its Speciality Steels business for an enterprise value of 100 million pounds subject to due diligence and corporate approvals.
Nov 28, 2016, 18:47 PM IST
Tata Steel to decide on future in UK in 4 weeks: Report
Ratan Tata, who was appointed interim chairman of Tata Group after Cyrus Mistry's unceremonious exit recently, is keen to keep the UK steelworks part of the conglomerate and will make a decision in this regard within four weeks, a media report said on Friday.
Nov 04, 2016, 17:56 PM IST
Tata Steel says no change in European consolidation strategy
Tata Steel today said it continues to pursue European consolidation strategy and is in talks with Thyssenkrupp AG for potential JV for European steel business, following purported disclosure from ousted chairman Cyrus Mistry that some group firms could face a potential writedown of USD 18 billion.
Oct 28, 2016, 12:20 PM IST
Tata Steel to resolve the pension dispute in UK
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Sep 26, 2016, 13:32 PM IST
UK says still offers to take a stake in Port Talbot after Tata pauses sale
Britain said on Monday it could still take a stake in Tata Steel's largest assets, including the Port Talbot plant, or offer loans in order to find a buyer after the Indian steelmaker said it was pausing the sale.
Jul 11, 2016, 16:52 PM IST
Liberty to bid for Tata Steel units, Port Talbot sale on ice: Source
Liberty House Group plans to bid for two units of Tata Steel`s British business - specialty steels and pipeline tubes - which operate independently of its Port Talbot plant and related assets that were put up for sale earlier this year, an industry source told Reuters.
Jul 07, 2016, 21:37 PM IST
Tata Steel close to deal to keep UK business: Reports
London:Tata Steel is believed to be close to striking a deal with the UK government to keep its British steelworks rather than sell it off, which would secure the future of 11,000 workers, UK media reports said on Friday.
Jun 03, 2016, 17:15 PM IST
Tata Steel UK completes sale of long products biz to Greybull
New Delhi: Tata Steel on Wednesday said it has completed sale of its European long steel business, including the giant Scunthorpe plant, to Greybull Capital LLP.
Jun 01, 2016, 11:56 AM IST
Tata Steel says yet to shortlist bidder for UK plant
Earlier this month, Tata Steel Europne announced that it had received seven expressions of interest to acquire the firm's UK ailing business.
May 25, 2016, 20:44 PM IST
UK talking 'intensively' with Tata Steel: David Cameron
The British government is "talking intensively" with Tata Steel and will work with it to create a shortlist of "serious" buyers of the Indian steel giant's loss making units in the UK, Prime Minister David Cameron has said.
May 05, 2016, 21:07 PM IST
Tata Steek UK gets two formal bids: Know who they are!
A day after India-born businessman Sanjeev Gupta's Liberty House Group announced it had officially submitted its letter of Intent to acquire Tata Steek UK plant, another team has emerged with a bid to buy the loss-making assets.
May 04, 2016, 20:27 PM IST
India-born Sanjeev Gupta's Liberty House Group submits bid for Tata Steel UK
Metals group Liberty House confirmed on Tuesday it had formally submitted a letter of intent to buy the British assets of Tata Steel.
May 03, 2016, 23:37 PM IST
UK government to buy 25% stake in Tata Steel
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Apr 21, 2016, 21:33 PM IST
