UK-based Liberty House Limited, which recently bought Tata Steel UK’s specialty steel business, is now reportedly in talks with debt-laden ABG Shipyard Limited (BSE:532682) for a buyout. “Negotiations are on. There will be more clarity on the deal within the next 10 days,” a source close to the development recently stated. The Reserve Bank of India had asked banks to take ABG Shipyard to the National Company Law Tribunal (NCLT) for debt resolution.