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Tata Steel's Scunthorpe Deal A Positive: Macquarie

PUBLISHED ON: April 12, 2016 | Duration: 24 min, 34 sec

   
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Rakesh Arora of Macquarie Capital says Tata Steel's UK assets are loss making, so getting rid of such assets at one-off cost is worth it. The Scunthorpe deal is a positive for the company, he added.
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