British Steel seals deal to buy Ascoval plant in France
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STRASBOURG, France (Reuters) - British Steel won approval from a French court to buy the Ascoval steel mill in northern France, in a deal that should help save jobs at the site and allow British Steel to expand in Europe as Brexit concerns weigh on its domestic market.The fortunes of the British steelmaker have recovered under private investment firm Greybull Capital, which specialises in turning around struggling businesses.British Steel was formed as a new company in 2016, after the Indian..