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Updated: May 24, 2021, 6:29 pm
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Crisis-hit metals giant GFG Alliance, which owns Fort William aluminium smelter, is selling off a number of businesses as part of a major restructuring and refinancing of its UK operations.
The announcement, involving parts of its Liberty Steel division employing around 1,500 people, followed crunch talks between the company and creditor Credit Suisse (CS).
GFG, which is headed by Sanjeev Gupta, said the move would protect thousands of jobs.