LONDON (Reuters) – Greensill Capital said it has dropped a libel suit against Reuters over a story which said that the financing group had provided a false statement to market participants in 2018.
A logo of Thomson Reuters is pictured on a truck during preparations for the annual meeting of the World Economic Forum (WEF), in Davos, Switzerland January 19, 2020. REUTERS/Denis Balibouse
The statement related to bonds it had issued the prior year on behalf of commodities tycoon Sanjeev Gupta.
Greensill said in the May 2018 statement that the Scottish government had approved a guarantee related to a hydro