DHFL COC seeks to oust Oaktree from bidding race; rules changed again to favour Piramal
NEW DELHI: Banking sources reveal that some of the members of the Committee of Creditors (CoC) with large exposure to DHFL, are seeking to oust Oaktree from the bidding race for DHFL assets. Interestingly, Oaktree has emerged as H1 with the highest bid of Rs 38,400 crore. However, at the instance of some of these […]
Adani, Piramal, Oaktree may vie for entire DHFL portfolio in fresh bids
By Rituraj Baruah MUMBAI: In a major turn of events in the DHFL resolution process, the Committee of Creditors (CoC) is likely to invite fresh bids for the bankrupt NBFC and sources say that Adani Group, Piramal Enterprises and Oaktree may bid for the entire portfolio of the company. The lenders are likely to begin […]
Oaktree, Adani, and Piramal submit higher bids for DHFL
NEW DELHI: Interested bidders have submitted higher bids for DHFL to the Committee of Creditors, (CoC). DHFL COC is likely to meet early next week to consider the revised bids from all the bidders. Dewan Housing Finance Corporation Ltd. (DHFL) is a deposit-taking housing finance company, headquartered in Mumbai with branches in major cities across […]