India: Liberty House in talks with lenders of Amtek Auto over restructured deal

India: Liberty House in talks with lenders of Amtek Auto over restructured deal

Liberty Steel's Sanjeev Gupta smiles outside their newly acquired Liberty Steel processing mill in Dalzell, Scotland, Britain April 8, 2016. REUTERS/Russell Cheyne

UK-based Liberty House Group is in talks with the lenders of Amtek Auto Ltd to submit a revised bid for the troubled auto component maker after its previous bid was rejected by a panel of lenders supervising Amtek’s bankruptcy proceedings, two people close to the development said.

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