Acquisitions26 Jul 2025, 04:02 am
Blackstone Consortium Announces Open Offer for 25.82% Stake in Aadhar Housing Finance Ltd
AI Summary
Blackstone Capital Partners (CYM) IX AIV - F L.P. and Blackstone Capital Partners Asia Il L.P., through BCP Asia II Holdco VII Pte. Ltd., have announced an open offer to acquire up to 11,35,25,761 equity shares of Aadhar Housing Finance Ltd, representing 25.82% of the expanded voting share capital. This offer is pursuant to the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended. The offer price is X 469.97 per share, and the total consideration, assuming full acceptance, is X 53,35,37,01,898.
Key Highlights
- Blackstone consortium to acquire 25.82% stake in Aadhar Housing Finance Ltd
- Offer price is X 469.97 per share
- Total consideration is X 53,35,37,01,898, assuming full acceptance
- Offer is pursuant to the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended
- The offer is not subject to any minimum level of acceptance