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OYAK becomes front runner to bid for British Steel · Endata

◂ Announcements

Aug 14, 2019ACQUISITIONScunthorpe, United Kingdom

OYAK becomes front runner to bid for British Steel

Turkish cement producer OYAK, via its investment vehicle Ataer Holding, has become the front runner in bidding to acquire British Steel, which has been in liquidation since May 2019.

Status

Rumored

Capacity

4.5 million tons per year

Productssteel

CompaniesBritish Steel target OYAK acquirer Ataer Holding acquirer Ataer Holding investor

Sectors#Steel and Metal Products

“OYAK has become the front runner in the bidding to buy British Steel.”cemnet.com

3 sources
cemnet.comOYAK targets British Steel bid | CemNetAug 14, 2019
f.aa.com.trTürk firması İngiliz devini satın alıyorGökhan YıldızAug 16, 2019
eurometal.netOyak signs exclusivity agreement to buy British Steel - EUROMETALAug 16, 2019

Summarized from public sources; check the original articles before acting on it.

More from British Steel

May 22, 2019ACQUISITIONScunthorpe, Teesside, Skinningrove, Cumbria, United Kingdom3,200 jobs
Jingye acquires British Steel assets
British Steel target Jingye acquirer gov.uk
Apr 2, 2019CONTRACTMiddlesbrough, Tees Valley, United Kingdom$1.70M1,000 jobs
British Steel supplies construction steel for £55M TeesAMP development
British Steel supplier Nationwide Structures customer britishsteel.co.uk
Jan 8, 2019CONTRACTScunthorpe, United Kingdom
Sella Controls wins contract to supply PLC system for British Steel locomotives
British Steel customer Sella Controls supplier sellacontrols.com
Dec 13, 2018CONTRACTItaly
British Steel wins multi-million pound rail supply contracts with Italian railways
British Steel Rete Ferroviaria Italiana customer grimsbytelegraph.co.uk
Oct 25, 2018CONTRACTBelgium
British Steel wins four-year rail supply contract with Infrabel
British Steel supplier Infrabel customer grimsbytelegraph.co.uk
Sep 19, 2018CONTRACTUnited Kingdom$260.0M
Network Rail extends rail supply contract with British Steel for £200M
Network Rail customer British Steel supplier networkrailmediacentre.co.uk

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