stressed assets
Manufacturing
Nithia Capital acquires stressed steel firm for $80 mn
UK-based advisor and distressed steel investor Nithia Capital announced it has completed the acquisition of Crest Steel and Power...
Finance
Brookfield, Multiples, Adani, Blackstone arm among 55 interested bidders for Reliance Capital
Brookfield, Ares SSG Capital, Edelweiss, Blackstone’s asset reconstruction arm, Multiples private equity, JC Flowers and...
Infrastructure
Brookfield acquires IL&FS headquarters for over $140 mn
Canadian investment firm Brookfield Asset Management Inc has acquired the headquarters of IL&FS (Infrastructure Leasing and...
Infrastructure
Realty player Supertech hits bankruptcy route on NCLT order
Another realty player Supertech Ltd, one of Delhi-NCR’s largest developers, has hit the insolvency route on Friday after...
Manufacturing
Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries
Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise...
Finance
KKR, Blackstone, Piramal among 14 entities show interest to buy stressed Reliance Cap: report
Global private equity major KKR, Apollo Global, Blackstone, Brookfield and JC Flowers are among the 14 entities that have expressed...
Infrastructure
Tata-ICICI Venture JV wins bid for stressed UP power asset under bankruptcy process
The resolution professional of South East UP Power Transmission Company Limited (SEUPTCL), has issued a Letter of Intent (LOI)...
Finance
Over 18,600 stressed assets worth Rs 5.9 lakh cr resolved before bankruptcy admission: Economic Survey
At least 18,629 applications of distressed companies with debt worth over Rs 5.89 lakh crore (trillion) which filed for bankruptcy...
Finance
Distressed asset specialist Brescon in talks with investors to raise $250 mn fund
Debt restructuring and turnaround specialist firm Brescon & Allied Partners LLP (Brescon) is in early talks with domestic...
Finance
Bad bank starts operations, banks to transfer $6.6 bn NPAs by March
National Asset Reconstruction Company Ltd (NARCL), a government created entity to tackle bad loan problem in India, is set to...
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