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Adani $2.5B share sale pushes through amid fraud claims

Por: Associated Press Business January 31, 2023

NEW DELHI (AP) — The closely watched $2.5 billion share sale launched by Asia’s richest man, Gautam Adani, was fully subscribed on Tuesday, bucking expectations after a turbulent week in which the in a tussle with a U.S. short seller.By the time trading closed on Tuesday, the Indian group’s flagship Adani Enterprises share sale drew nearly 51 million bids, going beyond the 45.5 million on offer to the public, according to the Bombay Stock... + full article



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