Liberty House said to bid for Australian steel producer Arrium's assets

摘要

Liberty House Group is among bidders to have submitted an offer for the steel and iron ore assets of Australia's Arrium Ltd., according to people with knowledge of the process. The London-based steelmaker and metals trader made a non-binding proposal, the people said, requesting anonymity as the details are private. Liberty House faces competition, including from private equity groups and entities with interest only in specific assets, two of the people said.