Tata Steel UK not Willing to Split up Assets to Secure Sale, CEO Says

LONDON: Tata Steel is not prepared to split up its main British assets, such as its Port Talbot steel plant, as part of a plan to divest its UK steelmaking operations, UK CEO Bimlendra Jha told a committee of lawmakers on Thursday.

"We would not deal with ... somebody saying leave alone Port Talbot and give us the rest - that is not a solution that's acceptable," said Jha. He added that the company might consider selling off small independent assets individually.

Related Stories

No stories found.

X
The New Indian Express
www.newindianexpress.com