The DHFL share zooms to over two dozen companies, including Adani and Piramal, that are interested in a takeover

0
31
<pre><pre>Carrots and sweet potatoes are dropped for animals in Australia in the midst of the bushfire crisis

The stock rose 4.97 percent to 10.34 rupees per share on the BSE. On the NSE, the stock rose 4.59 percent to 10.25 rupees per unit.

PTI

updated:February 18, 2020, 11:45 a.m.

The DHFL share zooms to over two dozen companies, including Adani and Piramal, that are interested in a takeover
File photo of the DHFL logo (Image: Reuters).

New Delhi: Dewan Housing Finance Corporation Ltd shares rose 5 percent on Tuesday to hit the upper price range after more than two dozen companies made offers to acquire the debt-laden company. The stock rose 4.97 percent to 10.34 rupees per share on the BSE. On the NSE, the stock rose 4.59 percent to 10.25 rupees per unit. His shares reached the upper price range on both exchanges.

The Adani Group, KKR, Bain Capital, Kotak Mahindra Bank and Piramal Enterprises are among the more than two dozen companies that, according to two sources, have submitted offers for the crippled DHFL, the first financial service provider to go bankrupt.

The sources informed PTI that at least 14 of the interested companies are interested in taking over the entire business of the mortgage lender.

Get the best of News18 in your inbox – subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegramm, TikTok and on YouTube and stay up to date with what's happening in the world around you – in real time.