GFG Alliance said to target $700m Australia IPO for steel unit

GFG Alliance said to target $700m Australia IPO for steel unit

Photo: Reuters

London-based conglomerate GFG Alliance is targeting to list parts of its Australian Liberty Steel business in a deal that could fetch about A$1 billion ($701 million), banking and industry sources close to the company told Reuters.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter