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British Steel set to be bought by Turkish army's pension fund

Independent Friday, 16 August 2019 ()
The official receiver for British Steel has picked Turkey's military pension fund as a preferred buyer for the company, it has announced.
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News video: British Steel in exclusive talks with Turkish pension fund to save 5,000 jobs

British Steel in exclusive talks with Turkish pension fund to save 5,000 jobs 00:44

The investment division of Turkey’s armed forces pension fund is the preferred bidder for British Steel, the Government’s Insolvency Service has revealed. Investment vehicle Ataer Holding will now be given several weeks to allow its advisers to comb through British Steel’s business before any...

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