Faillite de Greensill, inquiétude pour Liberty Steel paperjam.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paperjam.lu Daily Mail and Mail on Sunday newspapers.
Steel magnate Gupta wins lifeline for Whyalla and Tahmoor
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Billionaire steel tycoon Sanjeev Gupta has won a reprieve on the potential closure of his Whyalla steel mill and coking coal mine in Tahmoor after his businesses brokered a deal with new lenders.
Mr Guptaâs Liberty Primary Metals Australia business which holds the companies that operate the Whyalla steel mill and the Tahmoor mine on Wednesday said the new financing arrangement would help it pay out the debts it owes to Greensill Capital in full.
Scandal-hit Greensill parent group enters liquidation yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
April 23, 2021
LONDON (AFP) – The Australian parent of failed specialist finance firm Greensill Capital Pty Ltd, whose recent collapse sparked worldwide corporate fallout and a political scandal in Britain, has entered liquidation, administrators said yesterday.
The demise of Greensill Capital Pty Ltd is the latest chapter in a saga that has ensnared Conservative politicians including ex-prime minister David Cameron.
The company had filed for bankruptcy last month for its operations in Britain, and also in Australia where its parent group is based and Germany where it has a banking arm.
Greensill’s implosion threatens about 50,000 jobs at companies that relied on its supply chain financing, including the steel empire of Indian-British billionaire Sanjeev Gupta.
Thursday, 22 Apr 2021 05:35 PM MYT
Logo of Greensill Bank is pictured in downtown Bremen March 10, 2021. Reuters pic
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LONDON, April 22 The Australian parent of failed specialist finance firm Greensill Capital, whose recent collapse sparked worldwide corporate fallout and a political scandal in Britain, has entered liquidation, administrators said today.
The demise of Greensill Capital Pty Ltd is the latest chapter in a saga that has ensnared Conservative politicians including ex-prime minister David Cameron.
The company had filed for bankruptcy last month for its operations in Britain, and also in Australia where its parent group is based and Germany where it has a banking arm.