Ataer is to be named the preferred bidder for the Scunthorpe works by the Official Receiver.
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It is the investment vehicle of the Turkish Armed Forces Assistance Fund , the pension fund for the country's armed forces. The company was transferred to the Official Receiver because British Steel, its shareholders and the government were not able to, or would not, support the business.that Oyak is chaired by Mehmet Tas, a former army general, and its annual general meeting in May was attended by Turkey's defence minister and the head of the country's armed forces.
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