Ahead of DHFL voting, Oaktree attacks Piramal bid

A key point that Oaktree is harping on is the structure Piramal’s have proposed in their business plan, that involves a merger between DHFL and Piramal Capital, its finance arm to swell the combined entity’s networth to more than Rs 18,000 crore and cushioning its ability to issue debt.

from Markets-Economic Times https://ift.tt/2KIJkhP