Adani draws enough investor bids to pull off $2.5 billion stock sale2 min read . Updated: 31 Jan 2023, 06:04 PM IST
Public offering was slightly oversubscribed after a US short seller took aim at the Indian conglomerate
The flagship company of India’s Adani Group collected enough investor bids Tuesday to pull off a large stock sale, advancing its fundraising plans in the face of fraud allegations from a U.S. short seller.
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