Deal Corner
January 01, 2011
Dewan Housing Finance Limited signed the definitive agreements for 100% acquisition of Deutsche Postbank Home Finance Ltd

DEAL BRIEF

Dewan Housing Finance Limited ("DHFL"), along with its promoter group entity Wadhawan Housing Pvt Ltd and Caledonia Investments plc through its group entity, signed the definitive agreements for 100% acquisition of Deutsche Postbank Home Finance Ltd., a Housing Finance Company registered with National Housing Bank for a consideration of INR 1,079 crores (approx. USD 240 million). Following the acquisition, DHFL's combined asset base will exceed INR 20,000 crores (approx. USD 4.44 billion).

OUR ROLE

We, at Nishith Desai Associates, acted as the legal, regulatory and tax counsel to DHFL for this transaction.

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Deal Corner

January 01, 2011

Dewan Housing Finance Limited signed the definitive agreements for 100% acquisition of Deutsche Postbank Home Finance Ltd

DEAL BRIEF

Dewan Housing Finance Limited ("DHFL"), along with its promoter group entity Wadhawan Housing Pvt Ltd and Caledonia Investments plc through its group entity, signed the definitive agreements for 100% acquisition of Deutsche Postbank Home Finance Ltd., a Housing Finance Company registered with National Housing Bank for a consideration of INR 1,079 crores (approx. USD 240 million). Following the acquisition, DHFL's combined asset base will exceed INR 20,000 crores (approx. USD 4.44 billion).

OUR ROLE

We, at Nishith Desai Associates, acted as the legal, regulatory and tax counsel to DHFL for this transaction.

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.