Liberty won't take on those liabilities, once KM are finished Arrium is an empty shell with no assets.The bloke doing the DOCA who represented Bill Shorten pro bono at the Royal Commission into the banks is arranging that.
Liberty buying Arrium will end up in a worse position than Lanco buying Griffin Coal, difference is the Government will end up putting money in when GFG start squeeling.
Is the GFG bid sustainable and what is Gupta going to do with all these additional steel tons he intenfs to produce ?
Liberty won't take on those liabilities, once KM are finished...
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