Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

By Ranjani Raghavan

  • 26 Dec 2019
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Credit: 123RF.com

Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year across debt-laden groups that were forced to sell their prized businesses to slash debt. Debt-laden companies have been selling assets for the past couple of years. But growing pressure from banks and tightening ......

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