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bankruptcy+proceedings
2023-01-08 17:58:20
German entrepreneurial duo takes over Kings of Indigo
Kings of Indigo, the Dutch ethical jeans brand, has discovered its saviors after going bankrupt in November. On December 21, the assets of the company were acquired by Kathrin and Sebastian Proft,
2020-03-02 08:09:08
RIL will hold 37.7 percent equity share capital of Alok Industries
Reliance Industries on Saturday said it has acquired 37.7 per cent stake in textile manufacturer Alok Industries Ltd for ₹250 crore. Reliance had jointly with JM Financial Asset Reconstruction
2018-04-16 12:51:00
Lenders to Alok Industries have rejected a revised offer
In December 2017 quarter, Alok Industries reported a net loss of Rs4,745 crore. Its total liabilities as on 31 December exceeded total assets by Rs13,891 crore.Lenders reject RIL and JM
2017-11-10 15:00:00
Reliance Industries eyeing to buy part of textile unit of Alok
Reliance Industries showing interest in part or all of the unit of Alok and discussions are on with the company promoters and the resolution professional, as per people familiar with the
2014-05-09 16:21:00
Praedium acquires 90 pc of Montefibre Hispania acrylic plant in Spain
Modaes, the Spanish textile and fashion magazine on 29 April reported that after a month and a half of negotiations Praedium acquired 90 per cent of Montefibre Hispania, Montefibre’s plant in
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