Representational image DHFL Group

Photo: The News Minute

Oaktree Outbids Piramal and Adani Group In The Fresh Bids To Buy DHFL

In a fresh bid for crisis-ridden NBFC, Dewan Housing Finance Corporation Ltd. including three others have submitted their revised offers. The Oaktree capital outbid others with an offer of Rs 32,700 crore, while Piramal offered Rs.32,350 crore to takeover the assets of DHFL. However, Adani offered Rs.29,860 crores to buy entire portfolio and a separate offer to take over its wholesale and slum rehabilitation projects. Reportedly, DHFLs… read-more

Tue, 15 Dec 2020 - 11:25 AM / by Rashi Jain

Tags: Bisuiness, DHFL, Adani Group, Parimal Group, Oaktree, Bankrupt, Bidding

Courtesy: Mint