“Piramal Capital and Housing Finance Ltd (PCHFL), a subsidiary of Piramal Enterprises Limited, has mobilised close to Rs 2,500 crore funds from banks like State Bank of India, Union Bank, Indian Bank, and other corporate investors to integrate Dewan Housing acquisition and also to expand into retail assets”, as reported by Business Today. The transaction is a part of the INR 34,250 crore bid by the Piramal Group subsidiary to acquire the housing finance company.
AZB & Partners advised
Trilegal acted for Piramal Capital & Housing Finance Ltd on the Indian competition law aspects in the
2021-01-15
Deal value: INR 34,250 Crores (USD 5 Billion approx)
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.
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Amazing what they can do for money -
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