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Sanjeev Gupta’s Jaguar Land Rover supplier asks for time to talk to buyers

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Liberty Aluminium Technologies, part of GFG metals empire, could reportedly collapse within days

Part of Sanjeev Gupta’s metal empire that faces the threat of administration has asked its bankers to give it time to try to negotiate with four potential buyers.

It is understood that Liberty Aluminium Technologies, a supplier of cast parts to Jaguar Land Rover, could be forced into administration within days if its main bank, Close Brothers, does not agree to give it more time.

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