Business
Private equity firm Apollo back in talks to salvage parts of Greensill – Sydney Morning Herald
Apollo is still eyeing the best bits of failed financier Greensill while the group’s biggest customer, entities owned by billionaire Sanjeev Gupta says its got…
Sources close to Apollo said the buyout firm was still viewing a possible transaction very positively, but warned the process could again stall as there were still differences in opinions about the deal by various parties involved.
Union leaders have been in rolling discussions with representatives from Mr Guptas umbrella group GFG Alliance after it emerged some of Mr Guptas businesses had stopped payments to Greensill, sparking concerns jobs at the bililonaires biggest asset, the Whyalla steel…
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