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The GFG Alliance had relied heavily on the failed finance company. The GFG Alliance had relied heavily on the failed finance company. ... News. Science & Tech. Shopping.
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.
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]
SIMEC Group Ltd is a British international energy and natural resources business focused on resources, sustainable power, infrastructure, and commodities trading. [2] In 2016 it had an annual turnover of almost USD2.5 billion and net assets of USD350 million.
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NEW YORK (Reuters) -Gemini Trust Company agreed to pay a civil penalty of $5 million to settle U.S. Commodity Futures Trading Commission charges in connection with statements it made in connection ...
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 ]
Jam spends most of the year living in a one-room hut on Tragadi Bandar, a makeshift fishing settlement that borders the Tata Mundra Ultra Mega Power Project in the western state of Gujarat, 100 miles south of India’s border with Pakistan.