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The UK Ministry of Defence will acquire Sheffield Forgemasters, with shareholders agreeing to sell their entire share capital. The MoD plans to invest up to £400 million over 10 years to recapitalize defence-critical assets.
“Sheffield Forgemasters is set to be acquired by the Ministry of Defence (MoD) as it looks to shore up the engineer's defence-critical plant”yorkshirepost.co.uk
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