Turnaround investor Michael Flacks targets British Steel takeover
‘Bullish believer’ proposes acquisition as part of plan to create European metals group
‘Bullish believer’ proposes acquisition as part of plan to create European metals group

Government has been locked in talks with Chinese group Jingye over lossmaking business

US official indicates the measure would be used sparingly in future cross-border takeovers

Swedish company’s board discusses insolvency as it struggles to plug funding gap of up to €1.5bn

The green steel plant of Sweden’s Stegra is being held back over delays in state aid

Senior Thyssenkrupp executive warns industry is ‘not going to survive’ without emergency protection

Sale would mark latest takeover of a London-listed industrial group