Gupta’s InfraBuild sinks to $81m half-year loss as debts balloon
Documents circulated to lenders show the company, which runs furnaces in Sydney and Melbourne, bought $140 million in steel ...
Private credit heavyweights in exclusivity to save Gupta’s InfraBuild
Boston-headquartered Gordon Brothers and private markets investor Alpha Wave Global have been in negotiations to provide an ...
Growing buyer interest in InfraBuild
Prospective buyers are believed to have started paying an increasing amount of attention to $6bn Australian steel ...
Gupta’s deal-making days are well and truly over after Whyalla mess
The sorry financial state of the Whyalla steel mill was laid bare through a creditors’ meeting, but it also painted a stark ...
Police allege Shane De Jong, 52 and Bruce Abernethy, 46, behind $4.6m fraud against steel giant Infrabuild
Two men, Shane De Jong, 52, and Bruce Abernethy, 46, have been charged over the long-running scheme. De Jong faced Melbourne ...
Adelaide Now26d
Sanjeev Gupta's InfraBuild needs to file its books soon or risk triggering a debt avalanche
A $US550m debt default at GFG Alliance company InfraBuild could be triggered if the company doesn’t file its already-delayed financial accounts before the end of ...
Sanjeev Gupta’s directors seek safe harbour
Directors of companies connected to Sanjeev Gupta have sought protection under safe-harbour laws ahead of the first creditors ...
The Daily Telegraph15d
Top Gupta director Dak Patel quits InfraBuild board
Followed categories will be added to My News. Dak Patel, a former chief executive of InfraBuild, stepped down as a director of the company on January 25, according to filings lodged on Thursday ...
The Courier-Mail6d
Gupta’s deal-making days are well and truly over after Whyalla mess
The bigger InfraBuild is next n line to fall. With debts of $1.35bn and just $8m left in the bank, Whyalla was lucky to have made it this far. Administrator KordaMentha’s early, but damning ...