Abu Dhabi's International Holding Co (IHC) has announced it will invest about $400 million in the Gautam Adani-led Adani Enterprises’ follow-on share sale. .This development comes after the steep fall in share value of the conglomerate following the report of American short seller Hindenb
While Gautam Adani received a vote of confidence from investors in its latest $2.5 public offering Tuesday, Wall Street is still sizing up his exposure to the.
The Abu Dhabi-based group subscribed to 16 per cent of Adani Enterprises $2.5 billion further public offering (FPO); The company will continue to explore business op.
Billionaire Gautam Adani's embattled group clutched on to a $400-million investment by Abu Dhabi's International Holding Co. in its flagship firm's share sale to restore confidence in the conglomerate.