ACRE
Finance
Ares-backed ACRE increases focus on retail loan segment to drive growth
Assets Care & Reconstruction Enterprise Ltd (ACRE), backed by US-based alternative investment firm Ares Management, is ramping up its efforts ......
General
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,......
Manufacturing
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 ......
General
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......
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, Davidson Kempner Capital Management, ......
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 assets of large debt-laden ......
Finance
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...
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 submitted binding bids, ......
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 Reliance Group’s (formerly...
Finance
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...