Gfg Alliance News

Companies

Sanjeev Gupta’s GFG Alliance buys US’s KCI for $320 million

GFG Alliance, part of Sanjeev Gupta's Liberty House, says the acquisition of US-based steelmaker KCI is a step towards a proposed IPO of Liberty Steel USA

3 min read2 Jan 2019
Companies

Sanjeev Gupta’s GFG Alliance buys US steel firm for $320 mn

Sanjeev Gupta's GFG Alliance says the KCI deal will take its total US steelmaking capacity to 1.8 million tonnes

1 min read4 Dec 2018
Companies

ArcelorMittal signs pact with Liberty House to sell four European steel plants

The sale of the four European steel plants to Liberty House is part of a divestment package ArcelorMittal agreed with the EU related to its acquisition of Ilva SpA

1 min read12 Oct 2018
Industry

Formula 1-inspired electric cars are coming to India, Australia

Sanjeev Gupta 's GFG Alliance may start building Formula 1-inspired electric vehicles in India and Australia early next decade as part of his worldwide push into auto supply chain

2 min read3 Apr 2018
Market

Can Liberty House bring back Amtek Auto’s lost glory as a global component supplier?

A Liberty House-Amtek Auto deal reinforces the confidence in the prospects for the auto and auto component industry in India both for domestic markets and as a global export hub

2 min read12 Mar 2018
Companies

Liberty House highest bidder for Amtek Auto acquisition

The likely acquisition of debt-laden auto components firm Amtek Auto will mark Liberty House's entry into India

1 min read7 Mar 2018
Companies

Billionaire Sanjeev Gupta looks to make electric cars in Australia

British industrialist Sanjeev Gupta is set to bid for industrial assets at General Motors's former Holden manufacturing site in South Australia

1 min read22 Jan 2018
Industry

Sanjeev Gupta to acquire Glencore’s Tahmoor coal mine in Australia

The Glencore coal mine deal is a key element in GFG Alliance's plan to optimize and expand production at its Whyalla steel works in South Australia

1 min read2 Jan 2018
Companies

After ArcelorMittal unit, Sanjeev Gupta to buy US-based steel assets in 2018

GFG Alliance executive chairman Sanjeev Gupta has been snapping up distressed industrial assets in Britain, Australia and the US in the past few years

1 min read19 Dec 2017
Companies

UK billionaire Sanjeev Gupta to form listed company with Atlantis Resources

Sanjeev Gupta's GFG Alliance has struck a deal with tidal power firm Atlantis Resources that marks the British billionaire's first step into the stock market

1 min read14 Dec 2017
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