Pharma Billionaire Ajay Piramal Ups His Stake In Financial Services With $4.7 Billion Acquisition Of Bankrupt Mortgage Lender

Ajay Piramal’s pharma and financial services flagship Piramal Enterprises completed its $4.7 billion acquisition of Dewan Housing Finance Corporation Ltd (DHFL) on Wednesday, creating one of the largest affordable housing finance companies in the country.
Ajay Piramal’s pharma and financial services flagship Piramal Enterprises completed its $4.7 billion acquisition of Dewan Housing Finance Corporation Ltd (DHFL) on Wednesday, creating one of the largest affordable housing finance companies in the country.