Piramal Enterprises Ltd and Bain Capital Credit have relinquished their license for India Resurgence Asset Reconstruction Company to the Reserve Bank of India. Regulatory obstacles and a shrinking pool of distressed assets have made the ARC business less appealing, leading to increased exits from the market.
S&P Global weighs multibillion-dollar spinout of Capital IQ Pro: Report
S&P Global is considering spinning off Capital IQ Pro into a standalone company that could be valued in the high single-digit billions of dollars, Bloomberg