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Steel tycoon Sanjeev Gupta’s GFG Alliance acquired the collapsed firm and said it hopes to save 250 ‘viable’ steel jobs. Skip to main content. 24/7 Help. For premium support please call: 800 ...
British Industrialist Sanjeev Gupta’s GFG Alliance (GFG) brought out Keystone in 2018. At that time, Keystone’s website said it was one of the largest wire and rod mills in the United States ...
The GFG Alliance had relied heavily on the failed finance company. Sanjeev Gupta’s GFG business empire faces fraud probe amid Greensill links Skip to main content
Sanjeev Gupta (born September 1971) is an Indian-born British businessman, and the founder of Liberty House Group. [1] He is the CEO and chairman of GFG Alliance, an international conglomerate that operates primarily in the steel and mining industries. [2]
GFG Alliance was Greensill’s biggest client and it was reported at the time of the collapse that it had an exposure totalling $5bn. [13] In April 2024, Grant Thornton, the administrators for Greensill, published a report where they revealed that they were still owed round $587.2m (£472m) from the GFG Alliance.
In October 2019, GFG Alliance promised to merge its steel assets into Liberty Steel Group by year end. [11] [needs update] In 2020, LHG received European Union approval to purchase the Duffel, Belgium plant of aluminium smelter operator Aleris which cleared the way for the purchase of Aleris by Novelis. [12]
GFG Alliance, owned by commodities tycoon Sanjeev Gupta, has appointed Sandip Biswas, a former executive with Tata Steel, as chief investment officer, the company said on Thursday. Gupta's family ...
In 2017, GFG Alliance acquired 49.99% stake in the company in return of the coal-fired Uskmouth power station, which was to be converted to a 220 MW waste-to-energy plant. [ 3 ] [ 4 ] Consequently, Atlantis Resources was renamed SIMEC Atlantis Energy. [ 3 ]