Arcil
Finance
Avenue Capital hikes stake in Mumbai-based ARC
US-based Avenue Capital has acquired additional stake in Asset Reconstruction Company (India) Ltd (Arcil) from public sector lender IDBI Bank, ......
Manufacturing
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 ......
Consumer
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 ......
Finance
ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt
Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more debt ......
Finance
Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug
Three large deals stole the news, with one Jayaswal Neco Industries witnessing closure while two big resolution plans – Jet ......
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 ......
Infrastructure
Gammon India Group's stressed bridge attracts only 3 bids as several drop out of race
Of the 11 suitors for a stressed subsidiary of Gammon India Group, only three infrastructure firms have submitted final bids ......
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 ......
Finance
Arcil backer Avenue Capital raises commitments for new Asia focused fund
New York-based investment firm Avenue Capital Group, an investor in Asset Reconstruction Company (India) Ltd or Arcil, is raising its ......