Sanjeev Gupta sells Dubai mansion as his business woes mount
Palm Jumeirah villa sold last month for $11.8mn as part of Liberty Steel was placed in compulsory administration
Palm Jumeirah villa sold last month for $11.8mn as part of Liberty Steel was placed in compulsory administration

Prices in the emirate have soared but some analysts say a correction could come next year

Dubai case sheds light on UK steel tycoon’s business empire before main lender’s collapse plunged it into turmoil

Move by Energy & Minerals Group to sell stake in Ascent Resources highlights potential conflicts in ‘continuation deals’

Private equity dealmaking rebounds but is yet to fully recover from impact of high interest rates and tariffs

Company looks to US, India and China after domestic property price boom leaves it with cash to spend and little debt

Dispute highlights conflicts that can arise as investment groups sell assets between funds