Steel tycoon Sanjeev Gupta willing to take over Tata Steel UK’s assets
The Executive Chairman of the Liberty House Group Sanjeev Gupta is keen to acquire UK assets of Tata Steel Ltd and workforce but not the liabilities. “We will start discussions with the Tatas in the next week and workers will be re-trained once acquired. Our intention is re-training and not retrenchment,” he added. Gupta said more capital is required to implement new technologies.
Tags: Liberty House Group, Executive Chairman, Sanjeev Gupta, Tata Steel Ltd, UK Assets,
Fri, Apr 08, 2016, 10:04 AM
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