JC Flowers likely to get Saraswat Bank's Rs 228-cr stressed loans, no other bidderThe 110 accounts the bank had put up for sale in the first week of January include SME accounts and some home loans from individual borrowe...
25 Feb, 2025, 06.05 AM IST
JC Flowers ARC gets two bids for Rs 3,903 crore of bad loansJC Flowers Asset Reconstruction Company received bids for two bad loan blocks totaling ₹3,900 crore. CFM ARC bid ₹78 crore for Carnival Cin...
06 Nov, 2024, 12.11 AM IST
ACRE submits Anchor bid to buy 5 Zee Group accountsAssets Care & Reconstruction Enterprise (ACRE) has made a bid to buy five non-performing loans related to Zee Group from JC Flowers ARC. Th...
21 Oct, 2024, 12.07 AM IST
Essel Group looks to clear JC Flowers' dues by JuneEssel Group, led by Subhash Chandra, aims to clear ₹1,500 crore debt by June. Positive talks with JC Flowers ARC ongoing. Assets like Dish ...
02 May, 2024, 11.45 PM IST
Reliance Power & Reliance Infra commit to settle their dues by fiscal-endReliance Power and Reliance Infrastructure have signed standstill arrangements with DBS Bank and JC Flowers ARC, respectively, to settle th...
11 Jan, 2024, 12.27 AM IST
Delhi HC allows Swamy to withdraw petitionSwamy also said RBI has issued guidelines for licensing and operation of asset reconstruction companies, which must be followed by the latt...
22 Nov, 2023, 08.41 PM IST
Essel Group in talks to sell its assets to pay off debts“The group has enough as sets to liquidate, pay off the settlement amount, get back whatever securities are pledged, and get free Dish TV a...
01 Sep, 2023, 07.59 AM IST
Anil Ambani's Reliance Innoventures admitted for insolvency proceedingsReliance Innoventures, a company owned by Anil Ambani, has been admitted for insolvency proceedings by the national company law tribunal (N...
20 Jun, 2023, 12.44 AM IST
Yes Bank transfers invoked shares of 7 cos to JC FlowersThe transfer of invoked shares is pursuant to assignment of loans sanctioned by the bank to Essel group companies (in respect of which defa...
22 Dec, 2022, 08.50 PM IST
Yes Bank assigns Rs 48,000 cr stressed asset loan portfolio to JC Flowers ARCThe bank had earlier declared JC Flowers Asset Reconstruction Private Limited (JC Flowers ARC) as the winner of the Swiss Challenge process...
17 Dec, 2022, 04.09 PM IST
JC Flowers to buy Eight Capital's residual stake in ARC subsidiaryEight Capital, a Ravi Chachra-owned fund that invests in distressed assets, has already sold 22% in the ARC to the US private equity firm f...
21 Sep, 2022, 04.25 PM IST
Sale of Yes Bank’s bad loans to take off soonJC Flowers ARC won the non-performing loan portfolio in an uncontested Swiss auction for Rs 11,183 crore, after Cerberus Capital and Asset ...
13 Sep, 2022, 11.16 AM IST
Cerberus-Arcil out of race to buy Yes loansYes Bank will soon declare JC Flowers ARC as the winner and will transfer its distressed loans to the firm, making it a virtually zero bad ...
09 Sep, 2022, 05.09 AM IST
Cerberus offers to buy ARCION ARC to be eligible bidder for Yes Bank's NPA poolCerberus Capital lost out to global private equity fund J.C. Flowers & Co as an anchor bidder for Yes Bank's stressed portfolio as it did n...
28 Jul, 2022, 05.13 PM IST
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 ...
28 Jul, 2022, 12.28 AM IST
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...
20 May, 2022, 03.43 PM IST
JC Flowers close to taking control of EPC company Soma EnterpriseJC Flowers & Co is set to take control of the road, metro and hydroelectric projects of Soma Enterprise, multiple people said, after most o...
22 Dec, 2021, 06.40 AM IST