IL&FS PE-backed floriculture firm heads for liquidation
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IL&FS PE-backed floriculture firm heads for liquidation

By Beena Parmar

  • 15 Sep 2020
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IL&FS PE-backed floriculture firm heads for liquidation
Credit: 123RF.com

A bankrupt floriculture company that counts IL&FS Private Equity as an investor and was India’s largest producer of cut roses until a few years ago is going into liquidation after its creditors didn’t approve any of the offers it received. Karuturi Global Ltd, which had entered bankruptcy in August last year, ......

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