Adani to raise $3.5 bn from share sale in three group cos https://ift.tt/e9D3NTn may raise $3bn in a share sale to institutional buyers as it looks to make a comeback following a report of accounting fraud and stock price manipulation by a US short seller. Gautam Adani's group may raise up to $1bn through Adani Green Energy alone, with Adani Enterprises and Adani Transmission also approved to raise funds. The fundraising could be completed by the second quarter as the group seeks to fund expansion projects. Investors from Europe and the Middle East are said to have expressed strong interest.
Wednesday, May 31, 2023
Adani to raise $3.5 bn from share sale in three group cos
Subscribe to:
Post Comments (Atom)
-
BEIJING: A container port in China's eastern marine hub Ningbo has suspended operation after a member of staff tested positive for COVID...
-
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will...
-
Cryptocurrency, or "crypto" or "tokens", is all the rage right now. People are buying and using cryptos for varied purpo...
No comments:
Post a Comment