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British Steel is being rescued by a Chinese industrial

Nov 11, 2019 · British Steel is being rescued by a Chinese industrial giant to safeguard 4,000 jobs The Jingye Group was formed 30 years ago by Li Ganpo, a former Chinese Communist Party official British Steel saved by £1.2bn rescue deal with China's JingyeNov 11, 2019 · British Steel saved by £1.2bn rescue deal with China's Jingye. C hinese firm Jingye has agreed a provisional deal to buy British Steel and pledged to

British Steel:Rival bidder on standby if Jingye sale

Jan 26, 2020 · China's Jingye has offered £50m for the ailing UK steel business, with a deal due to be completed in the coming weeks which would save about 4,000 jobs. British Steel:provisional deal with Turkish bidder could Aug 16, 2019 · British Steel bought by China's Jingye, saving more than 3,000 jobs Steelmaking group confirms it intends to invest £1.2bn after rescuing plant from receiver Published:9 Mar 2020 British Steels Chinese rescuer to complete purchase next March 3 2020 British Steels Chinese rescuer is to wrap up a takeover of the failed manufacturer next week, saving more than 3,000 jobs with a deal that secures the future of a key UK industrial

China's Jingye Group in talks to buy British Steel for

Nov 12, 2019 · China's Jingye Group in talks to buy British Steel for $123 million This article is more than 12 months old British Steel plant in Scunthorpe, northern England. China's Jingye, British Steel unions agree to up to 500 Jan 24, 2020 · UK trade unions have reached a deal with China's Jingye Group about its provisional deal to buy British Steel, acknowledging that up to 500 jobs will go in exchange for protecting pay and employment terms. "The sale to Jingye is now firmly in sight and we would encourage all stakeholders in the business to focus on reaching a positive conclusion," three trade unions said in a joint statement Jingye buys British Steel, saves over 3,200 jobs - China DailyJingye buys British Steel, saves over 3,200 jobs By Wang Mingjie in London and Zhang Yu in Shijiazhuang China Daily Updated:2020-03-11 09:37

Jingye to invest £1bn and save 'thousands of British Steel

Nov 11, 2019 · Chinese firm Jingye says will invest £1.2bn in British Steel as it signed a deal to rescue the UK steelmaker. It also said it would seek to "preserve thousands of jobs in a key foundation industry US warns UK against imminent Chinese takeover of British Nov 17, 2019 · British Steel collapsed into administration in May, but last week the Government agreed a deal in principle to sell the firm to Chinese industrial conglomerate Jingye for about £50 million.Jingye buys British Steel, saves over 3,200 jobs - China DailyMay 14, 2021 · Jingye Group, a multi-industrial company based in Hebei mainly specializing in iron and steel, has more than 23,500 employees and an annual sales revenue of 127.4 billion yuan ($18.4 billion). It has pledged to invest 1.2 billion pounds for modernizing British Steel's plants