SBI
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, ......
Manufacturing
Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight
The bankruptcy tribunal has okayed Omkara Assets Reconstruction Pvt Ltd’s bid to acquire Jagannath Sponge Private Ltd in...
Finance
UVARCL picks up 15% debt of engineering services firm from SBI
UV Asset Reconstruction Company Ltd (UVARCL) has bought about 15% debt of a stressed construction and engineering services firm,...
Manufacturing
Nithia Capital, Prudent ARC, and 10 strategic players circle bankrupt steelmaker
Nithia Capital Resources Advisors LLP, Prudent ARC, Orissa Metaliks and other metal and steel firms are among 12 bidders for ......
Infrastructure
Jet Airways lenders to take 9.5% stake, massive haircut
The final winning bidder consortium of Dubai-based businessman Murari Lal Jalan and German investor Florian Fritsch will acquire...
Finance
Weekly Deals Wrap: Tata Digital in twin deals, Apax Partners strikes again in IT services
Investors continued their relentless focus on technology companies through the week with a focus on Software as a Service (SaaS)...
Manufacturing
Chennai steel maker to buy rival under Insolvency and Bankruptcy Code
A Tamil Nadu-based steel manufacturer is set to acquire bankrupt steelmaker Kamachi Industries beating three other applicants...
Manufacturing
Mumbai-based ARC partners local investor to acquire stressed Odisha steel plant
A Mumbai-based asset reconstruction company (ARC), along with a local investor, has bought a stressed Kolkata-based firm that...
Finance
Newly born ARC, backed by Brookfield and lender, sets sights on stressed real estate
An asset reconstruction company or ARC, freshly floated by Canada's Brookfield Asset Management and backed by an Indian mortgage...
Finance
Flashback 2020: Virus manages to shoo away almost everyone from stressed assets
The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic...