The Wall Street Journal: Adani Enterprises scraps $2.5 billion stock offering amid scrutiny from short seller
Indian billionaire Gautam Adani’s flagship company reversed course and canceled a share sale of up to $2.5 billion, as it continues to grapple with the fallout from fraud allegations by U.S. short seller Hindenburg Research. A day earlier, Adani Enterprises 512599, had collected enough investor…
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