ACRE
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 2,489 crore) for ......
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 producers, is set to acquire the assets of a leading ......
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 the US-headquartered firm ......
Manufacturing
Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries
A joint consortium of Mukesh Ambani-owned Reliance Industries (RIL) along with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd has received ......
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-backed Assets Care & Reconstruction Enterprise Ltd (ACRE) to be among ......
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 Aditya Birla Asset Reconstruction Company and Avenue Capital-backed ......
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 ......
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 bidding round, ......
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 in a ......