CFM ARC wins bid for defunct Carnival Cinemas

  • Posted on November 14, 2024
  • By Business News Today
  • 2 Views
CFM ARC wins bid for defunct Carnival Cinemas

This follows CFM offering ₹78 crore to take over Carnival's ₹1,290 crore debt from rival JC Flowers ARC, which did not get any challenging bid by the October 31 deadline, people familiar with the matter said.
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