DHFL bidder selection: Oaktree Capital asks lenders for fair treatment

Topics DHFL | Piramal Group | Adani Group

Oaktree Capital, which is in the race to acquire home finance company DHFL, has sought a fair and competitive process in the selection of the winning bid. Oaktree and Piramal Group are engaged in neck and neck competition to get control of the mortgage lender, for which the selection process has entered the final stage. Adani Group is also in the fray. The lenders are to begin voting this week to select the winner. Oaktree flagged concern that some changes in the selection process were in the works ahead of the final meeting of the committee of creditors, a senior banker said.....

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