Oyak exclusivity period ends this week and government is set to open talks with rival biddersThe proposed takeover of British Steel by Turkey’s military pension fund is in danger of collapse, after the government said it was preparing to open discussions with rival bidders.Ataer Holdings, a division of Turkish army pension fund Oyak, has been in exclusive talks with the official receiver, the government employee overseeing a sale it was hoped could save more than 4,500 jobs and the Scunthorpe steelworks. Continue reading…
Via: British Steel Turkish army fund takeover in danger of collapse
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