NEWSBREAK: China's Hebei Iron & Steel fails to get approval to buy Natsteel Singapore, Tata Steel Thailand

China's Hebei Iron & Steel (HBIS) has failed to get approval from the Hebei government to purchase a majority stake in Tata Steel's businesses in Thailand and Singapore.

"HBIS have not been able to procure the requisite approvals from the Hebei government, one of the key conditions precedent for the proposed...


Paul Lim

August 07, 2019

03:27 GMT