Category: London Business School

  • David Beckham B Signing Lionel Messi to Inter Miami CF Anita Elberse David Moreno Vicente 2023

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  • Fertex From Online Fertilizer Shop to IndustryTransforming Platform Donghong Li Tao Jiang Yuxuan Zhao Zhuge Yang

    Fertex From Online Fertilizer Shop to IndustryTransforming Platform Donghong Li Tao Jiang Yuxuan Zhao Zhuge Yang

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    A well-known company in the steel sector was under severe financial distress. The company was unable to meet its payables and had accumulated huge debts. A well-known credit rating agency had downgraded the company’s credit rating. The management felt that the debt would only increase if the company tried to service its debt. The debtors refused to take the deal offered by the management and demanded immediate steps to be taken to restructure the company’s debt. As a case study writer, I felt like I had the unique opportunity

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    1. Essar Steel India Limited is an India-based steel conglomerate headquartered in Mumbai with a manufacturing capacity of 1.3 million tonnes per annum. The company was listed in 2006 but is now in serious financial trouble. In 2018, the company declared bankruptcy, leading to a national security concern in the country. In 2019, the company sought voluntary restructuring proposals from its stakeholders, with a potential debt reduction

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    I have experience of writing about the topic of the insolvency of Essar Steel India Limited. As you know, Essar Steel is India’s fourth largest steel manufacturer, with several projects, both operational and under development, located in various states. The company entered into a 60-40 joint venture with the German firm, ArcelorMittal, in 2011. It was named Essar Steel India Limited, with the shareholding split equally. In 2014, Essar Steel agreed

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    Insolvency Turnaround Sobhesh Kumar Agarwalla Ajay Pandey Nupur Birmiwal Shreyas Srivastava 2022 is one of the most successful initiatives by Essar Group. The Group is an Indian steel manufacturing company, one of the largest in the country. It is the flagship company of Essar Group. Essar Steel India Limited (ESIL) was started by the Essar Group in 2004. This is a public limited company, which has its manufacturing plant and

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    Essar Steel India Limited (ESS) was one of India’s largest steel companies, known for its diversification into iron ore mining, steel mills, and power. ESS’s failure was a significant blow for India’s manufacturing and steel sectors, which were already struggling to compete with low-cost Chinese steel. In the summer of 2016, a group of investors led by Axis Capital Holdings Ltd (Axis) placed a binding offer (BAO) on ESS. The offer was based on the