Oh, here’s some bit of good news for DHFL…finally!
Private equity giant Blackstone looks set to acquire Wadhawan Global’s 70% stake in Aadhar Housing.
DHFL which owns 9.15% in the company will also offload its stake. ET is pegging the deal at Rs 2700 cr.
Also, check this Tweet out by Andy Mukherjee:
Will be interesting to see the reaction of the bonds on Monday. In case you don’t know, here’s how they have so far: