How a creditor revolt scuttled Ambani’s $3.2bn retail deal - Shahpur Turk CSC - Common Service Centre in Sonipat How a creditor revolt scuttled Ambani’s $3.2bn retail deal

26 April 2022

How a creditor revolt scuttled Ambani’s $3.2bn retail deal

The preferential treatment of bondholders riled banks enough to reject a $3.2 billion rescue deal from one of Asia’s richest men for a debt-laden unprofitable retail chain, according to people familiar with the matter.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5iX0bNL
via IFTTT

No comments:

Post a Comment

ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield, Chinese firm enters fray

India's flagship overseas oil firm ONGC Videsh has got a new partner in Oil India Ltd to replace a reluctant IndianOil (IOC) for the pot...

ShahpurTurkCSC