New bidder selected to acquire Thunderbolt beer maker
Advertisement

New bidder selected to acquire Thunderbolt beer maker

By Beena Parmar

  • 07 Jun 2019
Premium
New bidder selected to acquire Thunderbolt beer maker
Credit: Pexels

Lenders to Mount Shivalik Industries Ltd, the maker of popular beer brand Thunderbolt, have approved an offer by a new bidder to buy the debt-laden company after rejecting the highest bid. The Committee of Creditors of Mount Shivalik rejected the insolvency resolution plan by Som Distilleries Pvt. Ltd, which had emerged ......

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