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    NDTV: A third of Adani’s NDTV offer subscribed despite steep discount – Heemang Parmar

    [ad_1] Adani Group has already found investors willing to sell 5.3 million shares of the Indian broadcaster — or roughly a third of the entire open offer size — despite the deep discount to the stock’s current level, bolstering the conglomerate’s hostile takeover bid. The category of corporate investors have Read more…

    By Heemang, 6 months ago
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    adani group companies: Gautam Adani weighs $5 bn fundraise as banks urge deleveraging – Heemang Parmar

    [ad_1] Billionaire Gautam Adani is courting sovereign wealth funds in a push to raise roughly $5 billion in equity across his sprawling business empire after lenders asked the group to reduce leverage, people familiar with the matter said. The network of companies owned by Asia’s richest person has reached out Read more…

    By Heemang, 6 months ago
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