M&A

CFM ARC pays Rs.78-Cr to win bid for defunct Carnival Cinemas

Economic Times  

Distressed debt aggregator CFM ARC has emerged as the winning bidder for Mumbai-based defunct Carnival Cinemas. This follows CFM offering INR 78 crore to take over Carnival's INR 1,290 crore debt from JC Flowers ARC.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.