Financial Times FT.com

Worries over Corus plant deal

By Peter Marsh in London

Published: December 17 2004 18:26 | Last updated: December 17 2004 18:26

The partner in an innovative deal to keep open Corus's large UK steel plant on Teesside has spoken of ?anxieties? about the terms of the agreement, raising the possibility of tensions with the Anglo-Dutch steelmaker.

Bruno Bolfo, chairman and owner of Duferco, the Swiss company leading a consortium that this week agreed to buy most of Teesside's steel over the next 10 years, said he was ?a little bit concerned? that under the agreement he would not have a say in managing the plant.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this