Adani was going to sell $2.4 billion in stock and then changed its mind at the last minute citing 'extraordinary circumstances'

Adani was going to sell $2.4 billion in stock and then changed its mind at the last minute citing 'extraordinary circumstances'

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The flagship company of beleaguered Indian tycoon Gautam Adani pulled a record 200 billion-rupee ($2.4 billion) share sale after a selloff triggered by a US short seller’s report engulfed his group in turmoil. Adani Enterprises Ltd. decided not to go ahead with its follow-on public offer of…

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