Dalmia#39;s acquisition of Jaiprakash Associates Limited#39;s assets has faced delays, despite being announced over a year ago. The main hurdle seems to be the lack of approval from lenders, with more than 30 banks involved. Nomura Research sees National Asset Reconstruction Company Ltd (NARCL)#39;s bid as positive progress and anticipates the deal closing in the second half of FY25.
Dalmia#39;s acquisition of Jaiprakash Associates Limited#39;s assets has faced delays, despite being announced over a year ago. The main hurdle seems to be the lack of approval from lenders, with more than 30 banks involved. Nomura Research sees National Asset Reconstruction Company Ltd (NARCL)#39;s bid as positive progress and anticipates the deal closing in the second half of FY25. Dalmia#39;s acquisition of Jaiprakash Associates Limited#39;s assets has faced delays, despite being announced over a year ago. The main hurdle seems to be the lack of approval from lenders, with more than 30 banks involved. Nomura Research sees National Asset Reconstruction Company Ltd (NARCL)#39;s bid as positive progress and anticipates the deal closing in the second half of FY25. Moneycontrol Latest News Read More
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