IL&FS PE-backed distressed rose producer gets three proposals to exit insolvency
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IL&FS PE-backed distressed rose producer gets three proposals to exit insolvency

By Beena Parmar

  • 13 Aug 2020
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IL&FS PE-backed distressed rose producer gets three proposals to exit insolvency

A Bengaluru-based floriculture company that emerged as India’s largest producer of cut roses a decade ago before falling on hard times and entering bankruptcy last year has drawn interest from three players on its road to recovery. Karuturi Global Ltd, which was started in 1994 and produced most of its roses ......

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