Boston-headquartered Gordon Brothers and private markets investor Alpha Wave Global have been in negotiations to provide an ...

The former Macquarie dealmaker says the British industrialist’s InfraBuild must buy back $800 million in bonds. The company ...

Prospective buyers are believed to have started paying an increasing amount of attention to $6bn Australian steel ...

The state of South Australia has put the GFG Alliance Whyalla steel mill and related assets into administration and asked a forensic accounting firm to assess the situation.

Two men, Shane De Jong, 52, and Bruce Abernethy, 46, have been charged over the long-running scheme. De Jong faced Melbourne ...

The sorry financial state of the Whyalla steel mill was laid bare through a creditors’ meeting, but it also painted a stark ...

Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.

Commodities tycoon Sanjeev Gupta's GFG Alliance said in a statement on Monday it remained the largest creditor in Australia's Whyalla Steelworks at A$536 million ($333.23 million).

BEL, Sun TV, SBC Exports, HUDCO, GR Infraprojects, IOL Chemicals and Pharmaceuticals and more shares will be in focus as they will trade ex-date (record date) for multiple corporate actions.

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 ...

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.

Directors of companies connected to Sanjeev Gupta have sought protection under safe-harbour laws ahead of the first creditors ...