ACRE
General
Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks
Edtech firm Think and Learn, operating under the Byju’s brand, has received commitments totaling $300 million (Rs 2,489 crore) for ......
Manufacturing
GIC, ADIA-backed Greenko's promoters seal over $200-mn takeover
A company owned by the promoters of the Hyderabad-based Greenko Group, one of India’s largest renewable energy producers, is set to acquire the assets of a leading ......
General
Grapevine: Sutherland eyes another Indian firm; Phoenix ARC, others vie for Piramal's bad loans
Transnational business process outsourcing (BPO) major Sutherland Global Services is in talks to acquire a Hyderabad and the US-headquartered firm ......
Manufacturing
Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco
More than two years after the initial agreement was signed, global asset managers Bank of America, Davidson Kempner Capital Management, ......
Finance
Ares SSG-backed ARC set to lose bid for stressed home finance firm
An Ares SSG-backed asset reconstruction company (ARC) is set to lose a potential bid to acquire assets of large debt-laden ......
Finance
ACRE signs on former RBL exec as CEO
Assets Care & Reconstruction Enterprise Ltd, backed by Asia-focused Ares SSG (previously known as SSG Capital), has roped in a ......
Finance
Reliance Home Finance gets only two binding bids from six suitors
Of the six entities that are in fray for debt-laden Reliance Home Finance Ltd, only two have submitted binding bids, ......
Finance
PE-backed ARC among bidders for Anil Ambani's home finance arm
Four asset reconstruction companies (ARCs) and a non-banking finance company have submitted bids for Reliance Group’s (formerly Anil Dhirubhai Ambani ......
Finance
Top executive quits Ares SSG-backed asset reconstruction firm
The chief executive and managing director of an asset reconstruction firm, backed by alternative asset manager Ares SSG (previously SSG ......