Global private equity major KKR, Apollo Global, Blackstone, Brookfield and JC Flowers are among the 14 entities that have expressed interest to acquire debt-ridden Reliance Capital Ltd, promoted by the Anil Ambani Group, said a report by Press Trust of India (PTI).
Other financial investors which have submitted Expressions of Interest (EoIs) include ArpWood, Varde Partners, Multiples Fund and Oaktree Capital.
US-based alternative asset manager Apollo Global Management Inc and SBI Life Insurance Company Ltd are among the bidders to enter the race to acquire different assets of debt-laden Reliance Capital alongside 60 other players to buy different assets of the firm.
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