Adani To Raise $3.5 Billion From Share Sale In Three Group Companies
Billionaire Gautam Adani’s conglomerate is looking to raise about $3 billion through an equity share sale to institutional investors in the boldest comeback strategy after the ports-to-energy group was hit by a report of a U.S. short seller. While boards of Adani Enterprises Ltd.—the group’s flagship firm—and electricity transmission company Adani Transmission Ltd have already … [Read more…]