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Chinese Firm Jingye Buys British Steel, Plans $1.54B Investment
Friday, November 15, 2019 - 6:01pm | 574Chinese firm Jingye said this week that it will invest 1.2 billion pounds ($1.54 billion) in British Steel over the next decade as part of a deal to rescue the U.K. steelmaker and save 4,000 jobs, the BBC reported. Full Circle: From Chinese Competition To M&A Deal With Jingye ...