Tata Steel takes 7 potential bids for UK assets to next stage of sale process

Reuters - May 9th, 2016

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The company added that it was clarifying outstanding points with a number of other parties who had expressed interest in Tata Steel UK.

"We believe that the bids being taken forward offer future prospects of sustainability for the UK business as a whole," Koushik Chatterjee, a group executive director at Tata Steel Limited, said in a statement.

(Reporting by Andy Bruce, editing by David Milliken)

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