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

By Beena Parmar

  • 07 Jul 2021
Premium
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 ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.