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Business News: Edelweiss ARC to acquire education loan portfolio of Indian Overseas Bank at 60% discount

Edelweiss ARC to acquire education loan portfolio of Indian Overseas Bank at 60% discount : Rashtra News #Edelweiss #ARC #acquire #education #loan #portfolio #Indian #Overseas #Bank #discount Edelweiss Asset Reconstruction Company won a distressed education loan portfolio at a 60% discount from Indian Overseas Bank () at an auction last week, said people aware of ....

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Business News: Amazon confirms Samara Capital ready to invest Rs 7,000 cr in FRL to acquire assets

Amazon confirms Samara Capital ready to invest Rs 7,000 cr in FRL to acquire assets : Rashtra News #Amazon #confirms #Samara #Capital #ready #invest #FRL #acquire #assets On January 19, Amazon had approached the independent directors of FRL reiterating its willingness to assist the Mumbai-based company in addressing its financial concerns. Amazon has written to ....

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PGP Glass acquisition: Brookfield, Platinum slug it out to acquire PGP Glass; PE firms seek controlling stake now at $1.4-1.6 bn value

Brookfield s private equity division is in discussions with Blackstone, the world s largest alternative asset manager, to buy into PGP Glass, formerly Piramal Glass. The Canadian asset management giant is competing with US firm Platinum Equity Partners, a relatively unknown entity in India so far. The deal contours have changed as negotiations progress, with the PE suitors now seeking a stake of 65-75% with Blackstone owning the rest. ....

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