Fri, Jan 27, 2017
Tata Steel's UK steel unit pension scheme deficit is set to ballon to 1-2 billion pounds ($1.25-$2.5 billion) and Britain`s largest steelmaker believes it could face insolvency unless a way can be found to tackle it.
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Sat, Jan 14, 2017
Tata Steel, the UK`s largest steelmaker, is currently in talks to merge its European assets with Germany`s Thyssenkrupp but the success of those talks hinges on Tata being able to separate itself from its pension scheme.
Thu, Sep 29, 2016
British Steel has returned to profit by boosting efficiency after being hived off as a loss-making division from India's Tata Steel in April, Executive Chairman Roland Junck said on Thursday.
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