Oaktree, Piramal, Adani submit revised bids for DHFL
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MUMBAI, Dec. 14 -- In the latest round of bidding for assets of Dewan Housing Finance Corporation Ltd (DHFL) on Monday, three of the four bidders submitted revised offers to acquire the entire business of the troubled mortgage financier, according to two people aware of the matter.
Oaktree Capital has bid Rs.32,700 crore, While Piramal has offered Rs.32,350 crore and Adani Rs.29,860 crore to buy the entire portfolio of DHFL. SC Lowy, the fourth bidder, has made no changes to its offer.
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Adani Group has also submitted a separate offer for the wholesale and slum rehabilitation projects controlled by DHFL. Piramal Group, too, has submitted a fresh bid for the retail assets controlled b...
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