UK’s Liberty Group buys bankrupt SBQ Steels

Liberty paid Rs 262.45 crore plus interest of Rs 8 crore to take the Nellore based steel company, its second acquisition through the bankrutpcy process after acquiring the bankrupt Adhunik Metaliks and its associate Zion Steel in February 2020 under the insolvency law in a Rs 425 crore cash deal.

from Stocks-Markets-Economic Times https://ift.tt/3gVLExG

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