Metals tycoon Gupta to merge steel operations ahead of possible IPO - News Daily

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Monday, October 28, 2019

Metals tycoon Gupta to merge steel operations ahead of possible IPO

By Eric Onstad LONDON (Reuters) - British commodities tycoon Sanjeev Gupta will merge his family's steel operations by the end of the year into a new entity, the Liberty Steel Group, to be ready for a potential listing, he said on Tuesday. Other companies in his family's privately-held GFG Alliance conglomerate will also be organised for possible IPOs in the future, he told Reuters in an interview.

The post Metals tycoon Gupta to merge steel operations ahead of possible IPO appeared first on Firstpost.



from Firstpost https://ift.tt/34aO2sM

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