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Piramal, Adani & Oaktree submit bids for DHFL

FE learns Piramal has offered to pay Rs 1,054 crore more as cash upfront than Oaktree capital; it is willing to pay Rs 12,700 crore while Oaktree is willing to make a cash payment of Rs 11,646 crore. Adani Properties’ cash offer is smaller at Rs 10,750 crore. While Oaktree has offered to pay Rs 21,000 crore of debt over seven years, Piramal has said it will pay Rs 19,550 crore in 10 years.

from The Financial Express https://ift.tt/3gMw5IF
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