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Project details
Funding to Acquire School Infrastructure of an education technology firm under Liquidation - Seeking Investment by India firm
| Project region | India |
|---|---|
| Industry | Education |
| Total value of the target | N/A |
| Expected target net rate of return after deducting all taxes and fees | N/A |
| Validity period of pending order | N/A |
CONTACT ADVISOR
David Stepat
Country Director
| Project highlights | Funding to Acquire School Infrastructure of an education technology firm under Liquidation |
|---|---|
| Project description |
The company is a school assets and real estate holding subsidiary of listed education technology firm, whose accounts turned NPA and lenders filed application for liquidation. The group bid for US$ 70.14, 100% voting by CoC has taken place in favor of the group’s promoter, and the group now seeks to raise structured investment of US$ 49 Mn, to settle the admitted claims of financial creditors and operational creditors and to improve infrastructure of these schools. |
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