Adani, Piramal, Oaktree and SC Lowy submit bids for troubled DHFL


 

4 firms – the Adani group, Piramal group, US-based asset administration firm Oaktree Capital, and SC Lowy – have submitted bids for the troubled housing finance firm Dewan Housing Finance Company Ltd (DHFL). Whereas Oaktree Capital has bid for the complete firm, different bidders have made bids for choose portfolios.

The Adani group has submitted bids just for the development finance portfolio and slum rehabilitation loans, whereas the Piramal group has bid just for the retail portfolio. SC Lowy has bid just for the development finance enterprise, a portfolio for …

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First Revealed: Sat, October 17 2020. 23:03 IST

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