Government officials are hopeful a saviour can be found for British Steel after speaking to 80 potential bidders, saying multiple parties have expressed an interest in taking on all or part of the business.
The Insolvency Service has been seeking buyers since the company collapsed last week, a financial failure that threatens the future of 5,000 jobs, most of them at the Scunthorpe steelworks.
The official receiver, a government official overseeing the process, said 60 of the companies it had spoken to have been sent non-disclosure agreements, giving them access to the firms financial data.
Several are understood to have signed the documents, indicating that they are ready to take their approaches further, with more expected to follow s…
Read the full article at: https://www.theguardian.com/business/2019/may/28/hopes-of-saving-british-steel-rise-as-potential-buyers-emerge