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New bidder selected to acquire Thunderbolt beer maker

By Beena Parmar

  • 07 Jun 2019
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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 ......

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