Acre puts Nagarjuna Fertilizers up for sale at double buy price

Distressed debt aggregator Acre Asset Reconstruction Company (ARC) has put Nagarjuna Fertilizers and Chemicals on the block less than a year after taking over the ₹3,858 crore debt of the company. Acre is seeking ₹1,600 crore from bidders – double the ₹811 crore it paid to a seven-bank consortium in March last year, documents accessed … Read more