Assets Care & Reconstruction Enterprise (ACRE) has made a bid to buy five non-performing loans related to Zee Group from JC Flowers ARC. They are offering ₹505 crore in cash for debts totaling ₹1,350 crore. A Swiss auction is scheduled for November 6, with a reserve price of ₹505 crore. The winner will be announced on November 8. Read The Rest at :
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