Search results
Results from the WOW.Com Content Network
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. [14]
In 2017, GFG Alliance purchased Arrium's Whyalla Steelworks in South Australia, announcing that a new AUD600 million investment would lift production to 1.8 million tonnes a year. In 2018 the company announced it would build a new steel manufacturing plant next to the existing one.
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]
Liberty is part of the GFG Alliance, a conglomerate owned by the Gupta family and one of the biggest customers of Greensill Capital. Greensill's administrator, Grant Thornton, has received denials ...
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 ...
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
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 ...