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28 Aug
14:33

Liberty eyes steelworks at ABG Shipyard

Liberty House plans to turn ABG Shipyard into a steel plant should it acquire the India-based shipbuilding company through the insolvency resolution process, a Liberty spokesman confirms to Kallanish. Liberty is among the bidders for the Ahmedabad-based shipyard, which, like numerous other steel-related Indian firms such as Essar and Bhushan Steel, was declared bankrupt and directed into insolvency resolution. Liberty House chairman Sanjeev Gupta told Indian …
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