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Why the bid war for DHFL may well end up being a curse for the winner

Establishing a greenfield HFC may be cheaper for the bidders than picking up one embroiled in fraud probes

Topics
DHFL | Markets | Market news

Hamsini Karthik  |  Mumbai 



DHFL
Going by reports, DHFL could be mopped up for over Rs 30,000 crore - easily twice the money initially offered, which makes the bid war tough to grasp

As the race for beleaguered housing financier Dewan Housing Finance Corporation (DHFL) nears the last lap, whether Adani Capital or OakTree, or Piramal Enterprises gets lucky will be known soon. But here’s the interesting thing.

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First Published: Mon, December 28 2020. 19:23 IST

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