 "DHFL")
The competition to acquire bankrupt housing finance company DHFL turned more intense on Thursday as the two bidders -- Oaktree Capital and Piramal Group -- revised their offers yet again. While Piramal offered Rs 2,000 crore more, the US-based asset management firm said it would sweeten its offer by Rs 1,700 crore.
The committee of creditors (CoC) will start voting on the proposals this week after its legal team vets them.
A source said Oaktree had increased its bid by Rs 1,700 crore to provide a net present value of total recovery for the lenders at Rs 36,410 crore, which included deferred
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