Business
‘Most difficult month of my life’: Sanjeev Gupta – The Australian Financial Review
In a podcast for employees, released publicly, metals magnate Sanjeev Gupta said the Greensill collapse had been “the most difficult month of my life”.
But GFG has signalled that its British businesses are standalone, meaning there would not be spillover from Liberty Steel UKs operational challenges to other parts of the global GFG network.
Our primary steel and mining operations in Europe and Australia are booking record profits and we have adequate funding for our current needs, GFG said in a statement on Monday.
We are taking prudent steps across our global portfolio to manage resources while we try to negotiate a formal standstill agreement…
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