Business
Infrabuild key as Gupta scrambles to refinance – The Australian Financial Review
As billionaire Sanjeev Gupta pushes desperately to keep his empire afloat, former Cleanaway chief executive Vik Bansal has been approached to be the next boss of…
Mr Gupta was on a phone hook-up late on Tuesday with SA government ministers and Bruce Carter, who heads the SA Government Steel Task Force, a body set up in 2015 just as the Whyalla steelworks began hitting financial strife when it was owned by ASX-listed Arrium.
SA Premier Steven Marshall, who wasnt on the call himself, said on Wednesday that Mr Gupta had assured those on the phone hook-up there was no immediate cash flow concerns at the Whyalla steelworks. Were assured by Mr Gupta the immediate…
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