Liberty House beats Posco bid to acquire Australia’s Arrium

摘要

GFG Alliance, the owner of international metals group Liberty House,has signed a binding agreement to acquire Arrium, an integratedAustralian mining and steel business, out of administration, LibertyHouse said on Wednesday July 5.GFG Alliance submitted a modified offer for the Arrium late onTuesday July 4, which was accepted, Arrium administratorsKordaMentha said.