Tag: distressed assets
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JAL Creditors Pick Adani Bid Over Vedanta After Superior Prepayment Terms
Understanding the Decision: Why Adani Won Over Vedanta Creditors of Jaiprakash Associates Limited (JAL) have unanimously favored a bid from Adani Enterprises over a rival offer from Vedanta. Although Vedanta presented a higher overall value, lenders prioritised the financial structure of the deal, particularly upfront payments and prepayment terms, which ultimately tilted the balance in…
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Adani Bid Wins: JAL Creditors Favor Prepayment Terms
Overview: A strategic win for Adani over Vedanta Creditors of Jaiprakash Associates Limited (JAL) have unanimously selected Adani Enterprises’ bid over a higher-valued package from Vedanta, marking a rare case where prepayment terms and immediate liquidity outweighed total value. The decision by the lenders reflects a preference for stability, faster cash realization, and predictable returns…
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Interpath-owner charts £900m sale of Claire’s administrator
Overview: A high-stakes sale in the distressed assets market The owner of Interpath Advisory has signalled the start of a substantial sale process for the entity behind Claire’s administrator, with a price tag pegged at around £900 million. The move highlights the growing appetite for large, complex restructurings and the role of standalone advisory platforms…