Investors were taken aback when DHFL had a market valuation of Rs 941 cr on Monday, with its shares trading at Rs 30 a share even after the company was sent to bankruptcy proceedings. Topics DHFL | Piramal Group | Adani Group Dev Chatterjee | Mumbai Last Updated on January …
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Stressed US-based asset buyer Oaktree Capital Management proposes to offer more money to Dewan Housing Finance Corp.’s financial creditors as the bidding war intensifies. Oaktree Capital proposed to increase its down payment for the beleaguered home finance company by another Rs 1.7 billion, according to two people with direct knowledge …
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US-based asset management fund Oaktree Capital has become the highest bidder for bankrupt home finance firm DHFL by bidding Rs 36,646 crore for the entire company, which includes deferred payments and Rs 11,646 crore in advance to lenders. However, the Piramal group offered Rs 13,000 crore in cash up front …
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