Race to acquire India's DHFL intensifies as Piramal, Oaktree agree to sweeten bids

Race to acquire India's DHFL intensifies as Piramal, Oaktree agree to sweeten bids

The race to acquire bankrupt Dewan Housing Finance Corp. Ltd (DHFL) has intensified with top bidders Oaktree Capital Management and Piramal Group offering to sweeten their bids as the sale process entered final negotiations, two people directly aware of the developments said.