April 28, 2016 / 9:18 AM / 2 years ago

Tata Steel UK not willing to split up assets to secure sale: CEO

LONDON (Reuters) - Tata Steel is not prepared to split up its main British assets, such as its Port Talbot steel plant, as part of a plan to divest its UK steelmaking operations, UK CEO Bimlendra Jha told a committee of lawmakers on Thursday.

Tata steelworks Port Talbot, Wales, April 26, 2016. REUTERS/Rebecca Naden

“We would not deal with ... somebody saying leave alone Port Talbot and give us the rest - that is not a solution that’s acceptable,” said Jha. He added that the company might consider selling off small independent assets individually.

Reporting by William James, editing by Elizabeth Piper

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