“Blackstone pips Baring, Hero Fincorp to buy Aadhar Housing Finance for Rs 2,700 crore: The company was looking at this deal to free up capital and use the fund to ease liquidity pressure on Dewan Housing Finance,” reported The Economic Times, whose sources pegged the acquisition amount at $378m.

Khaitan & Co advised Aadhar Housing Finance Limited led by a team of partner Kartick Maheshwari, partner Aashutosh Sampat, principal associate Vidushi Gupta and associate Abir Sarkar with assistance on diligence aspects from associate Madhusmita Deept, associate Vasundhra Minocha, associate Rahul Chandramouli and associate Angeline Benny.

2019-02-02

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.