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UK industrialist Sanjeev Gupta sees no let-up in acquisitions in 2018

GFG, which bought a U.S. steelworks last year, was also chasing opportunities in vehicles in India

Reuters  |  Melbourne 

British industrialist Sanjeev Gupta said his GFG Alliance has no plans to slow its rapid pace of acquisitions over the coming year and could look to raise capital through debt or equity markets. Gupta, who heads the $10 billion turnover consortium that runs metals group Liberty House and energy and commodities group SIMEC, said GFG is pursuing assets in autos and steel in India and aims to build out its new Australian business. "Capital is never a concern. If you have a good business plan, you have a good opportunity, you have a good management team, you can find capital one ...

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First Published: Wed, February 21 2018. 23:27 IST
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