Plan to merge Tata Steel Speciality Steels with Sheffield Forgemasters reported

Sky News reports a plan to merge Tata Steel's Speciality Steels business with Sheffield Forgemasters, with an additional £200 million investment from Edmund Truell's charity, as an alternative to the proposed acquisition by Liberty House.

“Mr Truell's charity would then provide £200m of additional investment into the combined group, while taking on responsibility for the Tata Steel UK pension liabilities.”rothbiz.co.uk

• 1 source
• rothbiz.co.ukrotherham business news: News: Tata - Forgemasters merger reportedTom AustenJan 18, 2017

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