SOURCE: ET Mahindra Defence and Shapoorji Pallonji Group may independently bid for the troubled Bharati Defence and Infrastructure (formerly Bharati Shipyard) in the first such bankruptcy resolution attempt under the Insolvency and Bankruptcy Code for the security industry. The two companies are currently evaluating the deal that values the target company at $350 million, said three people with direct knowledge of the development. Bharati […]
The post Mahindra Defence, Shapoorji Pallonji may bid for troubled Bharati Defence appeared first on Indian Defence Research Wing.
from Indian Defence Research Wing http://ift.tt/2n6dqzf
via IFTTThttp://idrw.org
No comments:
Post a Comment