Sintex next on Mukesh Ambani's list? Reliance-ACRE submits EoI for bankrupt company

This is a rare instance where RIL has formally submitted an expression of interest for a bankrupt company that is undergoing the corporate insolvency and resolution process (CIRP), said a lender. The only other instance where it submitted a bid was for Alok Industries in partnership with JM Financial ARC. It subsequently acquired that company.

via Economictimes

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