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Will take steps to curb frivolous bids for IL&FS assets: Injeti Srinivas, Corporate affairs secretary - Economic Times

02/26/19

Will take steps to curb frivolous bids for IL&FS assets: Injeti Srinivas, Corporate affairs secretary  Economic Times

Srinivas also said New Delhi would soon take steps to discourage people from making frivolous bids and then backing out.

[more]

Bank of Baroda plans international auction of Rs 1,838 crore RCom debt - Economic Times

02/26/19

Bank of Baroda plans international auction of Rs 1,838 crore RCom debt  Economic Times

KOLKATA/BARCELONA: Bank of Baroda (BoB) has lined up plans to sell its Rs 1,838.16 crore debt in beleaguered Reliance Communications (RCom) through ...

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Bankrupt Westmoreland advances settlement over retiree benefits plan - Reuters

02/26/19

Bankrupt Westmoreland advances settlement over retiree benefits plan  Reuters

A bankruptcy court on Thursday will hear Westmoreland Coal Co's request for approval of a deal that will allow retired miners to keep their Coal Act benefits ...

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Top 10 biz headlines: SBI calls meeting on Jet, Essar steel sale, and more - Business Standard

02/26/19

Top 10 biz headlines: SBI calls meeting on Jet, Essar steel sale, and more  Business Standard

SBI calls emergency meeting on Jet Airways to thrash out contentious issues. State Bank of India, which leads the consortium of lenders for Jet Airways, has ...

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Bankrupt Westmoreland Coal granted permission to sever worker agreements - Appalachian Voices

02/26/19

Bankrupt Westmoreland Coal granted permission to sever worker agreements  Appalachian Voices

On Feb. 15, Judge David Jones of the federal bankruptcy court in Houston, Texas, ruled that Westmoreland Coal Company could sever union collective ...

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A Caesars Entertainment Buyout Doesn't Make Any Sense - Yahoo Finance

02/26/19

A Caesars Entertainment Buyout Doesn't Make Any Sense  Yahoo Finance

Buyers may be interested in acquiring Caesars Entertainment, but the current suitors aren't well positioned to add long-term value.

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A Caesars Entertainment Buyout Doesn't Make Any Sense - The Motley Fool

02/26/19

A Caesars Entertainment Buyout Doesn't Make Any Sense  The Motley Fool

Buyers may be interested in acquiring Caesars Entertainment, but the current suitors aren't well positioned to add long-term value.

[more]

Under scanner! Finance ministry asks PSBs to submit asset sale details to ARCs - The Financial Express

02/26/19

Under scanner! Finance ministry asks PSBs to submit asset sale details to ARCs  The Financial Express

There are several factors which determine the possible realisation from bad assets, such as the scope of revival, value of securities, risks of litigation and ...

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Promise Healthcare's $90M Ch. 11 Hospital Sales OK'd - Law360

02/26/19

Promise Healthcare's $90M Ch. 11 Hospital Sales OK'd  Law360

Law360, Wilmington (February 26, 2019, 6:27 PM EST) -- A Delaware federal judge on Tuesday gave his nod to the sale of Promise Healthcare Group LLC's ...

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Bausch Health to Acquire Certain Assets of Synergy Pharmaceuticals Inc. - PRNewswire

02/26/19

Bausch Health to Acquire Certain Assets of Synergy Pharmaceuticals Inc.  PRNewswire

Bausch Health and Synergy to Seek Bankruptcy Court Approval of Sale on March 1, 2019 LAVAL, Quebec, Feb. 26, 2019 /PRNewswire/ -- Bausch Health ...

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