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Liberty to look for other opportunities if Tata Steel UK deal fails

Tuesday, 14 June 2016 17:05:15 (GMT+3)   |   Istanbul
       
Sanjeev Gupta, executive chairman of international steel and minerals group Liberty House, has told Reuters that Liberty may buy other steel plants in the United States, Africa and India if the Tata Steel UK deal fails.
 
According to Reuters, Liberty and other companies belonging to the Gupta Family Group, whose wider interests include the international energy, metals, industrial and trading groups SIMEC and Liberty House, are looking for other alternatives. Mr. Gupta stated that for the short to medium term the company will continue to focus on the UK if the Tata Steel UK deal happens; however, if it does not happen, then it will search for other opportunities.

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