Adani Enterprises FPO: IHC, ADIA bid to buy stock in $2.5 billion share sale
- Abu Dhabi-based IHC, which invested almost $2 billion in Adani’s companies last year, wants to buy the largest chunk of around $200 million in this share sale
Middle Eastern investors including International Holding Co PJSC and Abu Dhabi Investment Authority are bidding to buy stock in the $2.5 billion follow-on share sale floated by Indian billionaire Gautam Adani’s flagship, according to people familiar with the matter.
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