Sunday 29 April 2018

Thriveni Earthmovers bid rejected, Lanco Infratech may be headed for liquidation

NEW DELHI: Lanco Infratech could end up going into liquidation with bankers rejecting the highest offer made by Thriveni Earthmovers. The resolution plan got just 16% support from the committee of creditors, people close to the development told ET.

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via Thriveni Earthmovers bid rejected, Lanco Infratech may be headed for liquidation

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