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UK investor ‘very interested' in takeover of British Steel

British investor Michael Flacks, one of the wealthiest investors in North West England real estate, is considering buying British Steel and combining it with an Italian steelworks to create one of Europe’s largest metals groups Billionaire investor Michael Flacks was born in Manchester and founded Flacks Group in 1983, a private investment company that acquires troubled assets and invests in them with the goal to make them profitable. The Miami-…

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Planning & Building Control Today broke the news in on Monday, February 2, 2026.
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