CCI approves Blackstone's acquisition of 80.15% in Aadhar Housing
after close1 source ↓written by the desknot a recommendation
- stake
- 80.15%
The Competition Commission of India (CCI) has approved Blackstone's arm to acquire 80.15% stake in Aadhar Housing Finance Ltd. The acquisition will occur through a secondary purchase and an open offer to public shareholders. Aadhar Housing specializes in home loans and property financing in India.
This approval may enhance Aadhar's market position and investor confidence, impacting the housing finance sector positively.
Not investment advice. For informational purposes only.