ARC
Finance
Yes Bank acquires 9.9% stake in JC Flowers, applies for additional stake buy
Yes Bank has initially acquired a 9.9% shareholding in JC Flowers ARC. The lender said that it plans to acquire ......
Finance
Yes Bank gives nod for sale of NPA portfolio to JC Flowers
Private lender Yes Bank's board has approved the transfer of stressed assets worth ₹48,000 crore to private equity firm JC ......
Finance
Yes Bank to pay Rs 350 crore for JC Flowers ARC deal
Yes Bank to invest about Rs 350 crore for a 20% stake in JC Flowers Asset Reconstruction Pvt Ltd, Prashant ......
Finance
Blackstone-backed IARC's chief Anurag Das quits before end of term
Blackstone-backed International Asset Reconstruction Company (IARC)'s top executive Anurag Das has resigned as the chief executive officer (CEO), two people ......
Finance
Cerberus, Oaktree, JC Flowers in race to buy stake in Yes Bank's proposed ARC
Three US-based entities including private equity (PE) fund Cerberus Capital Management, New York-based investor JC Flowers & Co. LLC and ......
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, ......
Manufacturing
Mid-sized and smaller distressed steel assets likely to see indirect PE interest
Given a competitive pricing advantage and strong steel demand, several mid-sized and smaller distressed steel assets could be snapped up ......
Finance
Investors offer massive haircuts for LIC's $1 bn stressed loan accounts
At least five large investors including private equity players have bid very low to acquire stressed corporate loans worth about ......
Finance
IDBI Bank invites bids for its stake in Avenue Capital-backed Arcil
IDBI Bank has invited bids for around 19% stake in Avenue Capital-backed Asset Reconstruction Company (India) Limited (Arcil) in order ......
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 ......