Aadhar Housing Finance: Blackstone Triggers Open Offer
📝 BCP Asia II Holdco VII Pte. Ltd. (Blackstone) and PACs have made an open offer to acquire 25.82% of Aadhar Housing Finance at ₹469.97/share.
💰 Offer Snapshot: ▪ Offer Size: 11.35 Cr shares (25.82%)
▪ Offer Price: ₹469.97/share
▪ Total Consideration: ₹5,335 Cr+
▪ Mode: Cash
▪ Type: Triggered offer under SEBI (SAST) norms
🔄 Transaction Details: ▪ Triggered by agreement to acquire 64.14% from BCP Topco VII Pte. Ltd.
▪ Seller (promoter) to be reclassified as public
▪ Post-deal holding: Seller to retain 10.04%, rest to be offloaded
▪ Deal subject to regulatory approvals
🤝 Acquirer Group: ▪ BCP Asia II Holdco VII Pte. Ltd.
▪ Blackstone Capital Partners (CYM) IX AIV – F L.P.
▪ Blackstone Capital Partners Asia II L.P.
🏦 Target: Aadhar Housing Finance Ltd.
▪ Listed on BSE & NSE
📝 BCP Asia II Holdco VII Pte. Ltd. (Blackstone) and PACs have made an open offer to acquire 25.82% of Aadhar Housing Finance at ₹469.97/share.
💰 Offer Snapshot: ▪ Offer Size: 11.35 Cr shares (25.82%)
▪ Offer Price: ₹469.97/share
▪ Total Consideration: ₹5,335 Cr+
▪ Mode: Cash
▪ Type: Triggered offer under SEBI (SAST) norms
🔄 Transaction Details: ▪ Triggered by agreement to acquire 64.14% from BCP Topco VII Pte. Ltd.
▪ Seller (promoter) to be reclassified as public
▪ Post-deal holding: Seller to retain 10.04%, rest to be offloaded
▪ Deal subject to regulatory approvals
🤝 Acquirer Group: ▪ BCP Asia II Holdco VII Pte. Ltd.
▪ Blackstone Capital Partners (CYM) IX AIV – F L.P.
▪ Blackstone Capital Partners Asia II L.P.
🏦 Target: Aadhar Housing Finance Ltd.
▪ Listed on BSE & NSE
