Tuesday, July 4, 2017

Steelmaker Arrium to be sold to UK consortium

The sale of steelmaker Arrium to London-based company Liberty House is a big win for Whyalla, South Australian Premier Jay Weatherill says.

The group has signed a binding agreement to buy the entire operations, including the Whyalla steelworks, with the process

expected to be finalised by August.

Mr Weatherill says the deal is a big win for Whyalla, the state and the country, with Liberty pledging to keep the entire workforce

intact.

AAP

Source: Steelmaker Arrium to be sold to UK consortium


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