GFG Alliance signs binding agreement to acquire Arrium

GFG Alliance signed a binding agreement to acquire Arrium, the integrated Australian mining and steel business, out of administration, securing jobs of over 5,500 Australian workers and including iron ore mining, Whyalla Steelworks, OneSteel, and Australian Tube Mills.

“Sanjeev Gupta’s GFG Alliance, the international industrial, energy, natural resources and financial services group, has today signed a binding agreement to acquire Arrium, the integrated Australian mining and steel business, out of administration.”gfgalliance.com

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• gfgalliance.comGFG Alliance signs binding agreement to acquire flagship Australian integrated mining and steel group Arrium - GFG AllianceJul 4, 2017

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