Adani Enterprises Limited (ADANIENT.BO)
- Bloomberg
Adani’s Flagship Plans to Raise $2.5 Billion Via New Share Sale
(Bloomberg) -- Adani Enterprises Ltd. seeks to raise 200 billion rupees ($2.5 billion) by selling new shares as billionaire Gautam Adani’s flagship firm looks to increase its free float and improve leverage ratios. Most Read from BloombergTiantian Kullander, Co-Founder of Crypto Firm Amber, Dies at 30US Shoppers Kick Off Holiday Season With a Muted Black FridayA Rival’s Misstep Helped Anwar Finally Land Malaysia’s Top JobAdobe Sees Up to $9.2 Billion in E-Commerce: Black Friday UpdateUS Bans Hua
- Bloomberg
Asia’s Richest Man Makes A $5 Billion Bet to Silence Debt-Obsessed Critics
(Bloomberg) -- Gautam Adani’s plan to raise at least $5 billion in equity aims to shut down two of the most frequent criticisms leveled against the Indian tycoon’s swelling empire: high debt ratios and a limited investor base.Most Read from BloombergBinance’s Zhao Flags Possible $1 Billion for Distressed AssetsMalaysia PM Anwar Plans Confidence Vote to Prove to Rival He Commands a MajorityElizabeth Holmes Judge Proposes Texas Prison, Family VisitsPanic Buying in Beijing as Covid Surge Spurs Cree
- Bloomberg
Billionaire Gautam Adani Weighs $5 Billion Equity Fundraise to Help Deleverage
(Bloomberg) -- Most Read from BloombergElizabeth Holmes Judge Proposes Texas Prison, Family VisitsMost Fed Officials Seek to Slow Pace of Interest-Rate Hikes SoonFrom Tom Brady to Shaq, FTX’s Celebrity Promoters May Be On the Hook for DamagesChina Covid Cases Jump to Record High, Topping Shanghai OutbreakIndian billionaire Gautam Adani is courting sovereign wealth funds to raise roughly $5 billion in equity across his sprawling business empire and reduce leverage, people familiar with the matter
