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slump sale

Advent-backed packaging firm Manjushree Technopack to acquire Hitesh Plastics

Manufacturing

27 July, 2022

Advent-backed packaging firm Manjushree Technopack to acquire Hitesh Plastics

Plastics packaging player Manjushree Technopack Limited (MTL), backed by US private equity firm Advent International, has agreed to acquire 100% ......

IPO-bound Northern Arc to buy US fund DWM-owned microlender in slump sale

Finance

24 February, 2022

IPO-bound Northern Arc to buy US fund DWM-owned microlender in slump sale

Private equity-backed debt financier Northern Arc Capital Ltd, today announced that it has entered into an agreement to acquire Chennai-based ......

SpiceJet to hive off cargo, logistics business to subsidiary

Infrastructure

17 August, 2021

SpiceJet to hive off cargo, logistics business to subsidiary

SpiceJet, India’s second-largest airline by passengers, will hive off its cargo and logistics services via a slump sale to subsidiary ......

JSW Steel completes purchase of Welspun unit

Manufacturing

01 April, 2021

JSW Steel completes purchase of Welspun unit

Billionaire Sajjan Jindal-owned JSW Steel has completed the acquisition of Welspun Corp’s steel plates and coil mills division for Rs ......