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Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks

General

20 February, 2024

Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks

Edtech firm Think and Learn, operating under the Byju’s brand, has received commitments totaling $300 million (Rs 2,489 crore) for ......

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GIC, ADIA-backed Greenko's promoters seal over $200-mn takeover

Manufacturing

24 August, 2023

GIC, ADIA-backed Greenko's promoters seal over $200-mn takeover

A company owned by the promoters of the Hyderabad-based Greenko Group, one of India’s largest renewable energy producers, is set to acquire the assets of a leading ......

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Grapevine: Sutherland eyes another Indian firm; Phoenix ARC, others vie for Piramal's bad loans

General

20 June, 2023

Grapevine: Sutherland eyes another Indian firm; Phoenix ARC, others vie for Piramal's bad loans

Transnational business process outsourcing (BPO) major Sutherland Global Services is in talks to acquire a Hyderabad and the US-headquartered firm ......

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

Manufacturing

27 August, 2021

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, Davidson Kempner Capital Management, ......

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

Finance

16 June, 2021

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 assets of large debt-laden ......

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ACRE signs on former RBL exec as CEO

Finance

13 January, 2021

ACRE signs on former RBL exec as CEO

Assets Care & Reconstruction Enterprise Ltd, backed by Asia-focused Ares SSG (previously known as SSG Capital), has roped in a ......

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Reliance Home Finance gets only two binding bids from six suitors

Finance

21 December, 2020

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 submitted binding bids, ......

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

Finance

17 December, 2020

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 Reliance Group’s (formerly Anil Dhirubhai Ambani ......

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Top executive quits Ares SSG-backed asset reconstruction firm

Finance

09 September, 2020

Top executive quits Ares SSG-backed asset reconstruction firm

The chief executive and managing director of an asset reconstruction firm, backed by alternative asset manager Ares SSG (previously SSG ......