Gupta’s InfraBuild sinks to $81m half-year loss as debts balloon
Documents circulated to lenders show the company, which runs furnaces in Sydney and Melbourne, bought $140 million in steel ...
Private credit heavyweights in exclusivity to save Gupta’s InfraBuild
Boston-headquartered Gordon Brothers and private markets investor Alpha Wave Global have been in negotiations to provide an ...
Growing buyer interest in InfraBuild
Prospective buyers are believed to have started paying an increasing amount of attention to $6bn Australian steel ...
Gupta’s deal-making days are well and truly over after Whyalla mess
The sorry financial state of the Whyalla steel mill was laid bare through a creditors’ meeting, but it also painted a stark ...
AAP on MSN6d
Steelworks administrator reveals depth of financial woe
The owners of Whyalla's embattled steelworks owe more than $1.3 billion, administrators have told the first meeting of ...
The Courier-Mail6d
Gupta’s deal-making days are well and truly over after Whyalla mess
The bigger InfraBuild is next n line to fall. With debts of $1.35bn and just $8m left in the bank, Whyalla was lucky to have made it this far. Administrator KordaMentha’s early, but damning ...
GFG Alliance says it remains largest creditor in Australia's Whyalla Steelworks
Commodities tycoon Sanjeev Gupta's GFG Alliance said in a statement on Monday it remained the largest creditor in Australia's Whyalla Steelworks at A$536 million ($333.23 million).
Adelaide Now6d
Sanjeev Gupta’s directors seek safe harbour
Directors of GFG Alliance itself, or related entities including InfraBuild, have sought the protections for their board, sources said. GFG and Mr Hodgkinson declined to comment. Mr Gupta rose to ...