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WL ROSS LLC
Motherson Sumi eyes Wilbur Ross company IAC for $800 million buyoutThe acquisition, if completed successfully, will also help Vivek Chand Sehgal, co-founder and chairman of the Motherson Group, diversify fu...- WL Ross asks OCM to wipe out losses by March 2013OCM India is the second major Indian investment for WL Ross after SpiceJet, where it made 58% profit in June last year by selling its 30% s...
- Wilbur Ross appointed as Director on SpiceJet boardLow-cost carrier SpiceJet today said Wilbur Ross has been appointed director on the board of the company, along with Ranjeet Nabha of the p...
- Wilbur Ross sees a thousand bank closure chancesWilbur Ross said that there could be a lot more bank closures in the coming months. Gainers & Losers I Sectoral: Gainers, Losers I Gainers ...
- WL Ross to invest $100 mn in SpicejetLow cost carrier Spicejet on Monday said US-based private equity company WL Ross & Co LLC will invest 100 million dollar (over Rs 420 crore...
- Wilbur Ross picks up equity worth Rs 345 cr in SpiceJetWilbur Ross has picked up equity worth Rs 345 cr in SpiceJet. SpiceJet needed cash and was looking into seeking alternative investment. In ...
- IFCI winner may get less than 26% pie on debt conversionWhen the IFCI board meets later this week to finalise exactly how much of the debt it owes to banks will be converted into equity, it will ...
- IFCI debt-equity conversion stalemate may hold up saleBankers having exposure to IFCI are yet to decide on whether they would convert their debt into equity.
- IFCI hikes foreign holding limit to 74 pcIndustrial Finance Corporation of India (IFCI) on Saturday said the total investment limit for foreign institutional investors has been rai...
- IFCI debenture conversion option may force some bidders to opt outSome of them are of the view that not only is the scrip over-priced, but if banks and FIs choose to convert a part of their debentures into...
- IFCI gives banks, FIs equity optionIn what could hold wide ramifications to the 26% stake sale of IFCI, its board on Monday decided to offer 30-odd banks and financial instit...
- IFCI hopes to sell 26% stake in two-and-a-half monthsIFCI on Monday said it will start inviting financial bids within a week and expects to complete the process of 26 per cent stake sale withi...
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