Delhibased Shine Star Build-Cap emerged as the highest bidder to acquire the public sector lender's non-performing debt in the company with a bid of ₹72 crore, while Suraksha Asset Reconstruction came in second with a bid of ₹65 crore.
Previously, JC Flowers Asset Reconstruction had submitted a binding bid of ₹61.8 crore for the stressed asset during an e-auction held on June 27.
Union Bank of India has given JC Flowers time until July 11 to match the highest bid, failing which Shine Star will be declared the successful bidder for Jaypee Healthcare. If JC Flowers matches Shine Star's bid, it will be declared a successful bidder.
Bu hikaye Business Standard dergisinin July 08, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin July 08, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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