Adani Group wins ₹14,535 Crore bid to acquire Jaypee Group in major Infrastructure deal
The Adani Group has successfully secured the acquisition of the financially troubled Jaypee Group in a deal valued at over ₹14,500 crore (approximately $1.7 billion), marking a significant development in India’s infrastructure and insolvency landscape. The transaction received approval from the National Company Law Tribunal (NCLT) after being strongly supported by lenders, who viewed the…
