An offer by ACRE to the country’s largest life insurer had triggered a Swiss challenge auction, ET reported on November 14. ACRE, an ARC backed by Ares SSG Capital, had offered about 22% recovery on LIC’s admitted claims.
Major stock indexes closed lower on Thursday, pausing after a strong start to the week. Investors digested corporate earnings and looked for progress toward a
Honeywell Aerospace shares dropped significantly after supply-chain problems impacted sales targets. The company lowered its annual sales growth outlook for 2026 significantly. Analysts expressed concern
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