Adani Enterprises is set to become the highest bidder for Jaiprakash Associates, edging out Vedanta Group by offering quicker payments in a crucial insolvency process. The deal will include significant assets across real estate, cement, and power sectors. Adani likely to win Jaiprakash Associates insolvency race, beat Vedanta Sources said the Committee of Creditors (CoC) rated Adani’s plan highest, followed by Dalmia Cement and Vedanta. Adani Enterprises Ltd is likely to emerge as the highest bidder to acquire Jaiprakash Associates Ltd (JAL) through insolvency process as its offers to pay acquisition amount in two years have been ... Adani Enterprises Ltd is likely to emerge as the highest bidder to acquire Jaiprakash Associates Ltd (JAL) through the insolvency process, as its offer to make payments within two years has been ...
