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ACRE

Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries

Manufacturing

Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries

Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care...

Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries

Manufacturing

Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries

Billionaire Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-...

Ares SSG's ARC arm, Edelweiss, others bid for bankrupt Sintex Industries

Consumer

Ares SSG's ARC arm, Edelweiss, others bid for bankrupt Sintex Industries

Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd (ACRE), Varde Capital-backed ...

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Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco

Manufacturing

Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco

More than two years after the initial agreement was signed, global asset managers Bank of America, ...

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Ares SSG-backed ARC set to lose bid for stressed home finance firm

Finance

Ares SSG-backed ARC set to lose bid for stressed home finance firm

An Ares SSG-backed asset reconstruction company (ARC) is set to lose a potential bid to acquire ...

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

General

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

Tata Sons has quoted a price higher than SpiceJet promoter Ajay Singh for Air India in a preliminary...

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ACRE signs on former RBL exec as CEO

Finance

ACRE signs on former RBL exec as CEO

Assets Care & Reconstruction Enterprise Ltd, backed by Asia-focused Ares SSG (previously known as ...

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Reliance Home Finance gets only two binding bids from six suitors

Finance

Reliance Home Finance gets only two binding bids from six suitors

Of the six entities that are in fray for debt-laden Reliance Home Finance Ltd, only two have ...

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PE-backed ARC among bidders for Anil Ambani's home finance arm

Finance

PE-backed ARC among bidders for Anil Ambani's home finance arm

Four asset reconstruction companies (ARCs) and a non-banking finance company have submitted bids for...

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Top executive quits Ares SSG-backed asset reconstruction firm

Finance

Top executive quits Ares SSG-backed asset reconstruction firm

The chief executive and managing director of an asset reconstruction firm, backed by alternative ...