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Varde Partners-backed Aditya Birla ARC inks first stressed assets deal

By Beena Parmar

  • 05 Feb 2019
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Varde Partners-backed Aditya Birla ARC inks first stressed assets deal
Credit: 123RF.com

Aditya Birla ARC Ltd has agreed to acquire part of the debt that RattanIndia Power Ltd owes its lenders for a power plant, its maiden transaction since parent Aditya Birla Capital Ltd last year tied up with US fund manager Värde Partners to invest in stressed assets. The asset reconstruction company ......

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