Adani Drops $2.5bn Share Sale, Raising Further Questions

Adani Drops $2.5bn Share Sale, Raising Further Questions

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Gautam Adani’s flagship company has abandoned its $2.5 billion share sale in a major setback for the Indian tycoon. The Adani board called off the share offer late on Wednesday after a renewed slump in company share prices meant participating investors would be sitting on immediate and large…

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