Liberty House bid for two Tata Steel UK units worth nearly $130m

Liberty House bid for two Tata Steel UK units worth nearly $130m

A general view shows the Tata Steel works in Scunthorpe, northern England, October 27, 2015. REUTERS/Andrew Yates/Files

Industrial and commodity group Liberty House’s bid for Tata Steel UK’s speciality steel and pipe businesses is worth nearly 100 million pounds ($130 million), an industry source told Reuters on Wednesday.

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