Jingye in talks with EU regulators to close British Steel acquisition: Official Receiver

摘要

Chinese steel mill Jingye is currently seeking the regulatory approvals it needs to complete the purchaseof British Steel and is in active contact with EU regulators to gain these, the Official Receiver told S&PGlobal Platts Monday.“There is no hard deadline to complete this process. The Official Receiver continues to be able to callupon the indemnity provided by the government to keep the business trading and supplying itscustomers”, the Official Receiver’s office said.