Ambit to sell stake in ARC joint venture with JC Flowers to local, foreign firms
Advertisement

Ambit to sell stake in ARC joint venture with JC Flowers to local, foreign firms

By Beena Parmar

  • 27 Mar 2019
Premium
Ambit to sell stake in ARC joint venture with JC Flowers to local, foreign firms
Credit: 123RF.com

Ambit Pvt. Ltd is set to exit its asset reconstruction joint venture with US-based JC Flowers & Co. by selling its stake to two investors, including a foreign hedge fund, two people familiar with the development told VCCircle. Stressed asset investor Eight Capital Management and London-based Emso Asset Management will together ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News