GFG Alliance to revive aging steel plants, buy stressed assets with $5b chest

GFG Alliance to revive aging steel plants, buy stressed assets with $5b chest

A general view shows the Tata Steel works in Scunthorpe, northern England, October 27, 2015. REUTERS/Andrew Yates/Files

Liberty House Group, a UK-based company owned by India born British businessman Sanjeev Gupta, which is also vying for stressed assets in India, on Monday marked its US entry by restarting a steel facility in South Carolina.

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