TATA Steel UK completes sale of Long Products Europe business

Q.  TATA Steel UK has announced its sale of Long Products EU business to which company?
- Published on 02 Jun 16

a. RedBull
b. GreyBull
c. GreenBull
d. None of the above

ANSWER: GreyBull
 
Tata Steel UK has announced the completion of the sale of Long Products Europe business to Greybull Capital LLP.
  • Greybull has said it will invest 400 million pounds in the new business
  • Long Products Europe business has implemented a transformation plan including portfolio restructuring of assets underpinned by committed support from employees and TUs

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