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Jingye's group acquires the mystery of British Steel Group: 25,000 British people have to keep their jobs. After the successive failures of potential buyer transaction negotiations in India and Turkey, the British Steel Group reached a preliminary acquisition agreement with Jingye's group.The Jingye's group has exchanged contracts with the dedicated group and reached an agreement to acquire some of the steel assets of the UK. Under the terms of the agreement, a dedicated acquisition is subject to regulatory approval and certain employee consultation procedures. Because in accordance with the transaction agreement, Jingye Group will also acquire the French branch of British Steel. France requires Chinese companies to guarantee the continuous supply of steel for the manufacture of French TGV high-speed rail to France after the completion of the acquisition. Jinye's group plans to invest £1.2 billion over the next 10 years to upgrade plants and machinery, improve the env