NewsBite

Updated

British courts pile more pressure onto Sanjeev Gupta

London | The embattled empire of Whyalla steelworks owner Sanjeev Gupta has come under fresh pressure in the British courts, where the Dubai-based businessman is fending off two new lawsuits.

Europe’s largest steelmaker, ArcelorMittal, has applied to the English High Court to put one of Mr Gupta’s key holding companies – which covers most of his continental European operations – into administration. ArcelorMittal is pursuing an unpaid debt.

Loading...
clarification

This article has been amended to show Deepak Sogani remains chief financial officer of GFG.

Hans van Leeuwen is The Australian Financial Review’s former Europe correspondent. He is now International Economy editor for The Telegraph UK.

Read More

Latest In Europe

Fetching latest articles

Most Viewed In World

    Original URL: https://www.afr.com/world/europe/british-courts-pile-more-pressure-onto-sanjeev-gupta-20241011-p5khif