04
Sep
07:53
GFG delays Australian IPO
GFG Alliance is no longer planning to list part of its Australian operation in the coming two months, according to reports from Reuters. The move comes amid market volatility and a lack of investor confidence, Kallanish notes.
GFG had planned to select certain Australian assets to list on the Australian Stock Exchange to help raise capital for its ambitious expansion plans around the Whyalla steelworks. This was understood to have included the company&rsquo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous