Acquisitions26 Jul 2025, 08:33 am
Blackstone Subsidiaries to Acquire 25.82% Stake in Aadhar Housing Finance for Rs. 53,353.7 Crore
AI Summary
BCP Asia Il Holdco VII Pte. Ltd., Blackstone Capital Partners (CYM) IX AlV - F L.P., and Blackstone Capital Partners Asia Il L.P. have announced an open offer to acquire up to 11,35,25,761 equity shares of Aadhar Housing Finance Limited, representing 25.82% of the expanded voting share capital, at a price of Rs. 469.97 per equity share.
Key Highlights
- Blackstone subsidiaries to acquire 25.82% stake in Aadhar Housing Finance
- Offer price set at Rs. 469.97 per equity share
- Total consideration of up to Rs. 53,353.7 crore
- Open offer made pursuant to and in compliance with Regulations 3(1) and 4 of the SEBI (SAST) Regulations
- Offer subject to receipt of all applicable statutory approvals and satisfaction of certain conditions precedent