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So, who is ahead in the final race for DHFL

image MUMBAI: It’s a toss-up between Oaktree Capital and Piramal Enterprises after they trumped Adani Properties in the fourth round of bids submitted on Monday for the troubled mortgage lender Dewan Housing Finance Limited (DHFL NSE -4.92 %).

Multiple people involved in the discussions said that Oaktree’s Rs 36,646 crore offer has the quickest repayment timelines and a higher overall recovery but the equity infusion is only about Rs 1,500 crore.

Piramal Group has offered to make th ..

Read more at:
https://economictimes.indiatimes.com/industry/banking/finance/oaktree-piramal-trump-adani-with-new-dhfl-bids/articleshow/79731889.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst....................ET

15-Dec-2020