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Mid-sized and smaller distressed steel assets likely to see indirect PE interest

Manufacturing

Mid-sized and smaller distressed steel assets likely to see indirect PE interest

Given a competitive pricing advantage and strong steel demand, several mid-sized and smaller ...

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Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight

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...

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Lenders okay JC Flowers ARC's bumped-up purchase plan for stressed pipemaker

Manufacturing

Lenders okay JC Flowers ARC's bumped-up purchase plan for stressed pipemaker

Lenders led by government-owned Canara Bank have okayed JC Flowers Asset Reconstruction Company’s ...

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Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders

Manufacturing

Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders

Maithan Alloys Ltd, one of India’s largest manganese alloy producers, will acquire a Kolkata-based...

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JSW Steel inches closer to acquiring another bankrupt firm

Manufacturing

JSW Steel inches closer to acquiring another bankrupt firm

JSW Steel got one step closer to becoming the largest steel firm in the country as a bankruptcy ...

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Asian PE firm ADV seals buyout to strike back-to-back India deals

Manufacturing

Asian PE firm ADV seals buyout to strike back-to-back India deals

Asia-focussed private equity firm ADV Partners has struck its third India deal this year by securing...