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CERBERUS AND YES BANK
Cerberus ties up with ARCION for Yes Bank's NPAsDespite a higher offer, Cerberus lost out as it does not own an ARC- unlike JC Flowers, which operates an ARC. In order to place itself on ...
ARCIL, Ceberus in partnership with Arcion ARC submits EoI for Yes Bank's NPA poolARCION ARC’s bid is in partnership with Cerberus Capital, a strong contender for Yes Bank’s portfolio. JC Flowers ARC and Cerberus were the...
Yes Bank picks JC Flowers ARC as JV partner to offload distressed loans worth Rs 51,000 croreYes Bank invited bids for its distressed loans portfolio, amounting to ₹51,000 crore, soon after the Reserve Bank of India in March 2021 re...
Five foreign investors shortlisted for majority stake in Yes Bank-backed ARCYes Bank will likely hold a minority share in the proposed ARC in line with Reserve Bank of India (RBI) directions. The selected investor i...
Hong Kong-based SSG trumps Cerberus to bag Altico after revised offerSSG’s final offer after multiple revisions is an upfront cash payment of Rs 2,700 crore and a one year employment guarantee for the managem...
YES Bank share price climbs 31% on SBI rescueThe scrip jumped as much as 30.86 per cent to Rs 21.20 against the previous close of Rs 16.20.
View: YES Bank's bonfire of insanity was left to burnHow long can Band-Aids work against deep wounds that require direct surgery?
SBI and LIC to acquire half of YES Bank at Rs 2 per shareSBI has been reportedly asked by the govt to form a consortium for buying a stake in YES Bank.
Govt asks SBI to form consortium to buy stake in YES Bank: ReportFollowing this development, shares of YES Bank jumped 10% while those of SBI fell 5%.
YES Bank falls 3% amid lack of clarity over fund-raising plansA newspaper report said the company is seeking to raise fresh equity capital worth $300-$500 million from mutual funds.
YES Bank jumps 5% as reports suggest RBI bailout in the offingThe fourth-largest private lender had earlier said it has delayed its third-quarter earnings as the bank is reviewing non-binding expressio...
It’s SSG vs Cerberus as Altico takeover reaches last lapSSG’s final offer after multiple revisions is an upfront cash payment of Rs 2,700 crore and a oneyear employment guarantee for the manageme...
YES Bank drops 4%, recovers as Hinduja Group looks to pick up stakeHinduja Group is partnering with Cerberus Capital Management LP to pick up a stake in the bank.
Hindujas, Cerberus may partner to bid for YES Bank stakeRepresentatives of Cerberus and Hinduja group met RBI officials earlier this month.
Cerberus revises offer for Altico to counter SSG bidThe revised terms, submitted on Friday, include upfront payment of ₹2,500 crore to lenders.
Part-owner Varde may invest ₹ 1k crore in Altico CapitalUS-based Varde plans to repay the lenders in full; Altico CEO Sanjeev Agrawal resigns
Altico Capital submits resolution plan for full repayment over five yearsAltico has proposed to repay their dues in full in a staggered manner over the next five years.