Aditya Birla ARC

Premium

Infrastructure

07 November, 2022

Värde Partners draws up $1 bn India investment plan

US alternative investment firm Värde Partners plans to invest as much as $1 billion to grow its portfolio in India ......

Infrastructure

05 September, 2022

After Reliance Infra, Värde Partners to bet on stressed Reliance Power

Global investment firm Värde Partners has signed an agreement to invest in former billionaire businessman Anil Ambani group’s Reliance Power ......

Consumer

24 June, 2022

Malpani Group partners Aditya Birla ARC to acquire PE-backed stressed Imagicaaworld

Maharashtra-based Malpani Group has acquired majority stake in Jacob Ballas-backed Imagicaaworld Entertainment Ltd. (Imagicaa) for Rs 575 crore ($73 million), ......

Manufacturing

13 December, 2021

Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries

Billionaire Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd (ACRE) to be among ......

Premium

Finance

02 December, 2021

SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale

State Bank of India, the country’s largest public sector lender, has put loans worth Rs 4101.87 crore ($547 million) in ......

Consumer

27 October, 2021

Ares SSG's ARC arm, Edelweiss, others bid for bankrupt Sintex Industries

Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd (ACRE), Varde Capital-backed Aditya Birla Asset Reconstruction Company and Avenue Capital-backed ......

Premium

Finance

27 May, 2021

Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Aditya Birla Asset Reconstruction Company (ARC) has snapped up debt worth Rs 2,500 crore (about $344 million) of a firm ......

Premium

Infrastructure

13 May, 2021

Mumbai ARC buys small portion of GVK power plant's debt, gives lender 80% haircut

A Mumbai-based asset reconstruction company (ARC) has acquired some debt of a Punjab-based stressed power project owned by the GVK ......

Finance

12 February, 2018

Aditya Birla Capital to foray into asset reconstruction business

Aditya Birla Capital Ltd, the holding company of the group’s financial services interests, is expected to foray into asset reconstruction ......