Piramal Group launches blistering attack against Oaktree bid for DHFL
Fri, Jan 8, 2021 7:00 PM

Piramal Group launches blistering attack against Oaktree bid for DHFL

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Piramal Group, one of the front-runners for beleaguered mortgage lender DHFL, on January 8 strongly contested the claims made by competing bidder Oaktree Capital. The Piramal bid for DHFL offers the lenders the highest upfront cash recovery, has the highest score on the CoC evaluation matrix, is fully compliant with all regulatory norms, and is fully and immediately implementable.

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