Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage
Advertisement

Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

By Ranjani Raghavan

  • 26 Dec 2019
Premium
Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage
Credit: 123RF.com

Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year across debt-laden groups that were forced to sell their prized businesses to slash debt. Debt-laden companies have been selling assets for the past couple of years. But growing pressure from banks and tightening ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News