Greensill and Gupta’s Intertwined Empires Had for Years Raised Concerns Internally
Alistair MacDonald and Duncan Mavin, 03 April 2021
The business empires of metals magnate Sanjeev Gupta and financier Lex Greensill leaned on each other to fuel their growth. But for years executives and advisers close to both entrepreneurs urged the two men to decouple their businesses, according to people familiar with the matter.
They failed to do so. Now Mr. Greensill’s firm, Greensill Capital, is insolvent, and Mr. Gupta’s conglomerate, GFG Alliance, is scrambling to survive. Continue reading “Article: Greensill and Gupta’s Intertwined Empires Had for Years Raised Concerns Internally”
