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US investor Silver Point closes in on Gammon India unit after dropping plans for another

By Beena Parmar

  • 07 Jul 2021
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US investor Silver Point closes in on Gammon India unit after dropping plans for another
Credit: Reuters

US-based Silver Point Capital is likely to acquire a road firm of Gammon India months after backing out of a crowded race for another stressed subsidiary of the group. It has filed an acquisition plan worth around Rs 850 crore ($114 million) for Patna Highway Projects before the bankruptcy tribunal giving ......

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