Adani Power calls off acquisition of DB Power

Adani Power calls off acquisition of DB Power https://ifttt.com/images/no_image_card.png"We wish to inform that the long stop date under the memorandum of understanding ... has expired," Adani Power informed the bourses on Wednesday. The company did not, however, assign a reason for calling off the deal. An email query sent to the company im this regard remained unanswered until the time of going to press on Thursday.