After departure of Cyrus Mistry, interim chair Ratan Tata is reviewing site as sources say he is keen to keep UK operations
United Kingdom, London: Tata is preparing to make a decision about the future of the Port Talbot steelworks within four weeks after the Indian conglomerate ousted Cyrus Mistry as its chairman, with the company edging towards keeping its UK operations.
United Kingdom, London: Tata Steel has temporarily halted the sale of its U.K. assets, after at least four of the seven shortlisted bidders pulled out due to uncertainty following the U.K.’s vote to leave the European Union.
United Kingdom, London: Liberty House plans to submit a formal bid to buy Tata Steel’s UK assets, including the Port Talbot works employing about 4,000 people.
United Kingdom: UK electrical steel producer Tata Steel has announced cost-saving proposals to improve the competitiveness of its UK business.