Sanjeev Gupta keen on Tata Steel's UK assets but will not take on debt

Sanjeev Gupta keen on Tata Steel's UK assets but will not take on debt

A general view shows the Tata Steel works in Scunthorpe, northern England, October 27, 2015. REUTERS/Andrew Yates/Files

Steel tycoon Sanjeev Gupta, a potential bidder for some of Tata Steel’s UK assets, plans to start due diligence on the assets in a week but is not willing to take on the debt associated with it.

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