Purnendu Chatterjee’s TCG looks to acquire bankrupt textile company

By Beena Parmar

  • 03 Sep 2020
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Credit: Thinkstock

A chemicals manufacturer that’s part of the Purnendu Chatterjee-led The Chatterjee Group (TCG) has made an offer to acquire a well-known textile company through a bankruptcy process. Kolkata-based MCPI Pvt. Ltd, through wholly owned subsidiary MCPI Polyester, has bid for Mumbai-listed Garden Silk Mills Ltd, VCCircle has learnt. MCPI makes Purified Terephthalic ......

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