1. At a Glance
Blackstone (the financial Godzilla) is storming into Aadhar Housing Finance with a mandatory open offer. The plan? Acquire 25.82% of public shares at ₹469.97/share while also gobbling up 64.14% from the existing promoter (BCP Topco VII). Total damage: a mouthwatering ₹5,335 crore.
2. Intro – Why This Matters
Imagine you’re renting a house, and suddenly your landlord sells it to a new owner who wants not just the house but also your coffee machine. That’s what’s happening here.
- Deal value? ₹53,35,37,01,898 (yes, 11 digits).
- Stake changing hands? 64.14% via SPA + 25.82% via open offer.
Blackstone isn’t just knocking – it’s kicking the door open.
3. Deep Dive – What’s the Deal?
Let’s decode this transaction like an auditor who’s seen too much:
