Abu Dhabi steel group eyes takeover of Gupta's UK empire
A UAE-based steel company has made an approach to buy Britain's third-biggest steel producer, months after it was declared "hopelessly insolvent" and fell into the hands of the Official Receiver.
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The dismantling of Sanjeev Gupta's British business empire is accelerating after advisers were hired to find a buyer for a steel production business which supplies oil giants including BP and Shell....30-01-2026, 02:29 PM -
The metals tycoon Sanjeev Gupta has opened a new front in the battle to save his crumbling business empire with a legal claim asserting his ownership of a $3bn Australian steel producer.
...10-10-2025, 11:58 AM -
BlackRock, the world's biggest asset manager, is backing a controversial bid by the metals tycoon Sanjeev Gupta to retain control of his faltering UK steel empire.
More...18-08-2025, 03:13 PM