Metals Trader Liberty House Targets Middle East in Building Boom - Bloomberg:
"Liberty House Group, the London-based metals trader that has expanded in the U.K. , Australia and the U.S. over the past four years, is looking to acquire factories in the Middle East, building on the commodities business it started in Dubai 10 years ago, according to Executive Chairman Sanjeev Gupta. The deals could involve buying manufacturers of building materials, cement, steel or aluminum, and would mark the company’s first acquisition in the region, Gupta said in an interview in Dubai this month as Liberty House celebrated 25 years in business. The company is also preparing for an initial public offering of a subsidiary “very soon” and is trying to buy two steel plants and an automotive components factory in India, he said. “We have a strong presence here,” Gupta said. “A couple of projects are being examined.” "
'via Blog this'
No comments:
Post a Comment