Frontrunner in race to take over struggling UK steel giant says funding could be in place as early as next week
Excalibur Steel, the management buyout vehicle interested in purchasing Tata Steel’s UK assets, will meet bankers to seek financing for the deal.
The Tata UK executive, Stuart Wilkie, who leads the group, said it would hold talks with one British and three international banks to present the buyout plan on Friday.
Related: Excalibur management buyout is frontrunner to rescue Tata Steel UK
Continue reading...from Mergers and acquisitions | The Guardian http://ift.tt/1VMfrL4
No comments:
Post a Comment