A third of Adani’s NDTV offer subscribed despite steep discount
Despite the substantial discount to the stock's current level, the Adani Group has already located investors willing to sell 5.3 million shares of the Indian broadcaster NDTV
Adani Group has already found investors willing to sell 5.3 million shares of the Indian broadcaster New Delhi Television Ltd. -- or roughly a third of the entire open offer size -- despite the deep discount to the stock’s current level, bolstering the conglomerate’s hostile takeover bid.
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