Reliance set to take over JBF Industries with CFM ARC

Reliance set to take over JBF Industries with CFM ARC

Bankers had sought takeover bids in July, and the Ahmedabad-based CFM ARC is understood to have put in a `825-crore bid for the company, which owes its lenders Rs 2,116 crore.
Check the source here –Source, Financial Express.
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