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J.C FLOWERS ARC
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...
Yes Bank acquires additional stake in JC Flowers ARC, reinstates to 9.9%On November 28, 2022, the bank had acquired 9.9% of the equity share capital of JC Flower ARC, which fell to 5.01% as a result of certain c...
RBI gives conditional approval to Carlyle and Advent to acquire 9.99% stake each in Yes BankBoth private equity investors will infuse Rs 8,898.4 crore in combination with immediate capital and post-conversion of warrants, the bank ...
Jindal Saw set to acquire Sathavahana Ispat under IBC for Rs 530 croreBillionaire Anil Agarwal-promoted Vedanta Ltd was also in the fray to acquire the stock exchange listed steel maker. In a statement to the ...
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...
Yes Bank okays sale of $6 billion stressed debt to JC Flowers“The Swiss Challenge process has now concluded and the Bank not having received any Challenger Bids to the Base Bid, the Board of Directors...
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 ...
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 ...
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...
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 ...
Yes Bank to partner JC Flowers ARC to sell Rs 48k-crore bad loans"The bank has signed a binding term sheet with JC ARC LLC and JC Flowers Asset Reconstruction Private Ltd for strategic partnership in rela...
YES Bank picks JC Flowers ARC as base bidder for stressed loan portfolio; stock down 1%In a BSE filing, the lender said: "Pursuant to the enabling approval of the Board of Directors on May 06, 2022, and the final approval from...
Yes Bank picks JC Flowers ARC as JV partner to offload distressed loans worth Rs 48,000 crPrivate lender Yes Bank has signed a term sheet with JC Flowers Asset Reconstruction (ARC) for the sale of identified stressed loans of 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...
Eight Capital plans to sell its 35% stake in J.C Flowers ARCEight Capital has identified a buyer for its stake and the proposal on it is pending with the Reserve Bank of India for approval. J. C. Flo...
Jindal Saw likely to acquire Sathavahana Ispat under the IBC routeP R Jindal unit raises Rs 500 crore from Edelweiss managed fund, ECL at 25% IRR for 5 years to acquire distressed steel company.
JC Flowers ARC emerges top bidder for Sathavahana debt at Rs 410 croreThe consortium of lenders – SBI, Union Bank, IFCI and Canara Bank – had sought bids to sell the loan facilities extended by all of them to ...