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Lenders had divided the company s assets into three clusters, the company s stakes in insurance ventures, textile businesses and other residual stakes, , NCLT, insolvency resolution
Lenders had divided the company s assets into three clusters - the company s stakes in insurance ventures, textile businesses and other residual stakes. Authum, Capri and JC Flowers are the three entities that have expressed interest in bidding for the whole company or all three clusters.
FEL used to develop, own and lease retail infrastructure for Future Group. It also held the group s investments in subsidiaries and joint ventures including insurance, textile manufacturing, supply chain, and logistics. Lenders are hoping for better valuations for the company because of the stakes it holds in the growing insurance ventures.
FEL used to develop, own and lease retail infrastructure for Future Group. It also held the group s investments in subsidiaries and joint ventures including insurance, textile manufacturing, supply chain, and logistics. Lenders are hoping for better valuations for the company because of the stakes it holds in the growing insurance ventures.