Adani abandons $2.5 billion share sale in big blow to Indian tycoon

Adani abandons $2.5 billion share sale in big blow to Indian tycoon

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Gautam Adani's flagship firm called off its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked by a U.S. short-seller's criticisms wiped billions more off the value of the Indian tycoon's stocks. The withdrawal of the Adani Enterprises (ADEL.NS) share offering marks a…

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