Liberty Steel to sell Stocksbridge plant to pay off lender
The struggling steel-maker says the move will allow it to pay back one of its main creditors in full. …
However, Liberty Steel insiders conceded that the launching of investigations into the relationship between Liberty and its now-defunct backer, Greensill, by both the Serious Fraud Office and the Financial Conduct Authority were complications in refinancing the UK’s third largest steel maker.
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