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      business-standard.com

      • Indian billionaire Gautam Adani on Wednesday abandoned a deal to raise $2.5 billion from investors after a week-long meltdown in the value of his logistics and energy business empire that started when an American short seller accused the conglomerate of fraud.
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  2. Feb 1, 2023 · Indian billionaire Gautam Adani on Wednesday abandoned a deal to raise $2.5 billion from investors after a week-long meltdown in the value of his logistics and energy business empire that...

  3. Feb 1, 2023 · Adani Enterprises, the flagship of the Indian conglomerate Adani Group, called off its $2.5 billion share sale on Wednesday, citing “market volatility,” a blow to the company and its ...

  4. Feb 1, 2023 · On Wednesday, a day after Adani Enterprises announced it secured full investor subscription to its $2.5 billion follow-on public offering, the embattled group reversed course, issuing a...

    • John Hyatt
  5. Jan 31, 2023 · MUMBAI, Jan 31 (Reuters) - Gautam Adani's crucial $2.5 billion share sale was fully subscribed on Tuesday as investors pumped funds into his flagship firm, despite a $65 billion rout in...

  6. Jan 31, 2023 · Adani Enterprises, the flagship company in the Indian billionaire Gautam Adani’s business empire, raised $2.5 billion from investors on Tuesday in a nail-biting process that had been...

    • Alex Travelli
  7. The sale of shares in Adani Enterprises had been intended to raise around $2.5 billion to help reduce debt levels -- which have long been a concern -- and broaden its shareholder base.

  8. Feb 2, 2023 · Indian conglomerate Adani Enterprises called off its $2.5 billion share offering after it lost tens of billions of dollars in market value due to fraud claims by a U.S.-based short-selling firm.