Embattled financial startup Greensill Capital plans to file for insolvency in the U.K. this week, as it simultaneously moved toward a deal to sell its operating business to
according to people familiar with the matter.
The deal with Apollo, which could be struck by the end of the week, would be part of a Greensill insolvency, similar to the U.S. bankruptcy process, the people said.
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Greensill Capital Planning to File for Insolvency in U.K. This Week Source link Greensill Capital Planning to File for Insolvency in U.K. This Week