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Tata Steel to launch UK sale process by Monday: UK minister

April 6, 2016 by · Leave a Comment 

India's Tata Steel will launch the formal sale process for its British assets by Monday and give a “reasonable” timeframe to find a buyer, Britain's business minister said after meeting the company's chairman in Mumbai. Prime Minister David Cameron's government has sought to broker a deal with potential buyers after Tata Steel put its British operations up for sale last week, threatening thousands of jobs. Tata had said it wanted…

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Tata Steel to launch UK sale process by Monday: UK minister