A last-ditch attempt from bankrupt dealmaker Jon Adgemis to claw back part of his collapsed pub empire has fallen apart after the businessman missed a deadline to pay $6.7 million to buy back five hotels. Adgemis had been attempting to buy back the pubs which were put under receivership in September. At the time, New…
The Competition Commission of India (CCI) has granted in-principle approval to mining conglomerate Vedanta Ltd’s proposal to acquire Jaiprakash Associates Ltd (JAL), which is currently undergoing insolvency proceedings. | Photo Credit: iStockphoto Fair trade regulator CCI on Tuesday said it has given in-principle approval to mining conglomerate Vedanta’s proposal to acquire debt-ridden Jaiprakash Associates, should…
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CCI New Delhi, Fair trade regulator CCI on Tuesday said it has given in-principle approval to mining conglomerate Vedanta’s proposal to acquire debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding. Apart from Vedanta, the proposals of Naveen Jindal-led Jindal Power, PNC Infratech, Adani Group and Dalmia Bharat for JAL acquisition…
New Delhi, Oct 14 (PTI) Fair trade regulator CCI on Tuesday said it has given in-principle approval to mining conglomerate Vedanta’s proposal to acquire debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding. Apart from Vedanta, the proposals of Naveen Jindal-led Jindal Power, PNC Infratech, Adani Group and Dalmia Bharat for…
Bankruptcies up in 2025, with over 2,300 jobs lost Luxembourg Times Read the original article here