Acre ARC completes buyout of Nagarjuna Fertilizer debtAcre transferred ₹811 crore to lead lender IDBI Bank a couple of days after Punjab National Bank, the final lender in the seven-bank consor...
Acre ARC's bid uncontested, set to bag Nagarjuna Fertilizers"There was no other bidder so one can now say Ares has won the bid. Banks are still working on internal processes to take approvals to give...
Shapoorji Pallonji firm raises ₹1,375 cr debt to repay group company's borrowingEvangelos Ventures raised ₹625 crore from Ares SSG Capital affiliate and ₹750 crore from Farallon Capital affiliates at an internal rate of...
Reliance Capital's administrator appoints BDO India to conduct transaction audit, RBSA and Duff & Phelps as valuersAt their meeting on Wednesday, lenders also appointed AZB & Partners as the legal advisor and Deloitte Insolvency Professionals as the proc...
CCD management meets investors to allay concernsThe management was apprehensive of any investor/lender legal action, which could delay the process of resolving the crisis.
Trouble brews at coffee retailer: Siddhartha had personal debt of more than Rs 1,000 croreShocked by founder’s death, Coffee Day Enterprises forms new panel; analysts say road ahead unclear.
Goldman Sachs and SSG in talks to buy RattanIndia bad loansIn September last year, state-run Power Finance Corp filed an insolvency plea against RattanIndia Power, formerly known as Indiabulls Power...
Tata Group checks into airport business with Rs 8,000-cr dealAfter the purchase, Tata will hold 20% in the airport unit, while GIC will get 15% and SSG will own 10%.
Global PE funds keen to buy DHFL bonds from holders at a discountDHFL raised about half its funding requirements from the debt capital market.
Swiss firm Syngenta sells part of seed business to Crystal CropThe national capital-based Crystal Crop Protection today announced the acquisition of certain seed and fodder business from Syngenta India.
Ruias ready forces for a comeback at Essar SteelThe move will come under fire as the recent IBC amendment aims to stop promoters of such companies from regaining control unless they settl...
Burger King sales grow 69% even as industry stagnatesBurger King, that is popular for its Whopper burger, entered India in November 2014 when most quick-service restaurants were struggling wit...
SSG Capital Management, InCred in race to buy up to 15% stake in CSBCSB reported an operating profit of Rs 151.71 cr against operating loss of Rs 3.75 cr the year ago, and notched a net profit of Rs 1.55 cr ...
KKR, five others show interest in debt-laden Monnet Ispat"Apart from Indian companies such as JSW Steel and Tata Steel, we have also been approached informally by some private equity funds in Sing...
Aion and SSG cap racing to acquire debt ridden Alok IndustriesAlok found itself in a spot last October and sought protection from lenders by approaching the Board of Industrial and Financial Reconstruc...
Private equity firm SSG Capital buys 40% stake in Kishore Biyani's Future Supply ChainPrivate equity firm SSG Capital Management has picked up a 40% stake in Kishore Biyani-promoted Future Supply Chain Solutions from existing...
Vulture investor SSG Capital Management to rescue JPMorgan from Amtek fiascoThe proposed deal, awaiting regulatory nod, would end the wrangle between the MF owned by the Wall Street bank and the New Delhi-based auto...