An Indian Media Mogul Beat a U.S. Activist Fund. Or Did He?

Wanting to construct roads with different folks’s cash could also be an important concept, however not once you’re already making a killing by promoting what people crave much more than the lacking infrastructure: Bollywood leisure. After the sudden 2018 collapse of IL&FS Group, a big Indian infrastructure financier, the credit score markets all however froze up for Chandra. His media inventory, which he had pledged to boost fairness for his different ventures, bought hammered. With out Invesco-Oppenheimer coming in as a white knight in late 2019, he couldn’t have held on. However then, two years later, the household’s presence grew to become a legal responsibility to the rescuers — and that gave Sony the chance it had lengthy sought. And on engaging phrases. | An Indian Media Mogul Beat a U.S. Activist Fund. Or Did He?


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