Liberty steel owner in talks over £200m lifeline
Sanjeev Gupta’s beleaguered UK steel business may yet find the help it needs, the BBC understands. …
GFG has been scrambling to raise new financing since its major financial backer Greensill Capital went bust in early March, which threw the future of Liberty Steel and its 3,000 workers into doubt. A further 2,000 people work at other GFG steel sites in the UK.
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