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Article: DHFL eyeing alliances and acquisitions.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- September 17, 2008
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DHFL eyeing alliances and acquisitions
Mumbai, Sep 17 (PTI) Aiming to expand its reach and geographical presence, Dewan Housing Finance Ltd (DHFL)is looking at strategic alliances and acquisitions.
"DHFL is planning strategic alliances and acquisitions as a part of its growth strategy," the company annual report said.
The company, which had in 2003 acquired the housing finance arm of ING Vysya Bank and turned it into a separate subsidiary, DHFL Vysya Housing Finance, said that it believed alliances and acquisitions would help it to expand its geographic presence and customer base at a much faster pace.
However, the company did not give ...