Nithia Capital and CarVal Investors complete acquisition of Uttam Group stressed assets for ₹2,000 crore

Nithia Capital and CarVal Investors completed the acquisition of Uttam Galva Metallics and Uttam Value Steel for a total purchase consideration of around ₹2,000 crore. The acquisition was announced on January 5, 2021.

“The acquisition of Uttam is an important and strategic step for Nithia Capital.”economictimes.indiatimes.com

• 1 source
• economictimes.indiatimes.comNithia Capital and CarVal Investors complete acquisition of stressed assets of Uttam Group for ₹2,000 crore - The Economic TimesBhavya DilipkumarJan 5, 2021

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