3 bidders for Tata Steel’s UK biz to be shortlisted in June

Tata Steel has met with all seven bidders looking to buy its UK assets, reports Money Control.

The bidders include JSW Steel, China’s Hebei Iron & Steel, US’ Nucor, Liberty House, Excalibur, PE Players Greybull Cap & Leeds-based PE company Endless.

According to the source, out of the seven bidders, three will be shortlisted before the first week of June.

This week the bidders will be meeting the UK government.

Source: Money Control