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GFG's Gupta says seeking standstill with Greensill administrators

LONDON, March 12 (Reuters) - The GFG Alliance is holding talks with administrators of Greensill Capital, which filed for insolvency this week, on a standstill agreement, GFG’s head Sanjeev Gupta said on Friday.

“We are also having constructive discussions with Greensill’s administrators ... negotiating a formal standstill agreement,” Gupta said in an internal message to GFG workers made available to Reuters by the company. (Reporting by Eric Onstad; Editing by Edmund Blair)

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