Skip to main content

/ Business Group Members/ Group items tagged Metaliks

Group items tagged

Filter: All | Bookmarks | Topics Simple Middle

Liberty House acquires Adhunik Metaliks through IBC route | M&A Critique - 0 views

mnacritique.mergersindia.com/nik-metaliks-through-ibc-route

Liberty house Sanjeev Gupta Adhunik Metaliks Insolvency & Banruptcy Code

shared by mnacritique on 07 Aug 20 - No Cached

mnacritique on 07 Aug 20

Marking an entry into India, Sanjeev Gupta-led Gupta Family Group (GFG) Alliance, which owns Liberty House, has acquired bankrupt Adhunik Metaliks and Zion Steel for Rs 425 crore, which was under the Insolvency and Bankruptcy Code. It was an all-cash deal. In fact, Liberty House had failed to complete Adhunik's acquisition in its first attempt. It was given a second chance by the National Company Law Appellate Tribunal to take over the bankrupt steel mill.

<div class="cArrow"> </div><div class="cContentInner">Marking an entry into India, Sanjeev Gupta-led Gupta Family Group (GFG) Alliance, which owns Liberty House, has acquired bankrupt Adhunik Metaliks and Zion Steel for Rs 425 crore, which was under the Insolvency and Bankruptcy Code. It was an all-cash deal. In fact, Liberty House had failed to complete Adhunik's acquisition in its first attempt. It was given a second chance by the National Company Law Appellate Tribunal to take over the bankrupt steel mill.</div>

...

Cancel

1 - 1 of 1

Showing 20▼ items per page

Related searches