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Oaktree Capital And Piramal Lock Horns Over DHFL As Bidding War Escalates
DHFL Bids: After Oaktree Capital, now Piramal Group raises issue with creditors.
29 Dec 2020, 09:44 PM IST
Piramal Group has urged financial creditors to Dewan Housing Finance Corp. to not consider Oaktree Capital Management’s amendments in offer for assets owned by the stressed home financier, failing which the bidding process would be open for litigation, according to three people aware of the matter.The financial creditors are expected to open up the bids for voting this week as their scoring is now complete. Piramal Group’s offer has ...
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