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Adani pulls US$2.5B share sale

Adani Enterprises was seeking to raise billions to pay debt and fund its pipeline of projects.

Lou Caruana
Adani Enterprises was seeking to raise billions to pay debt and fund its pipeline of projects.

Adani Enterprises was seeking to raise billions to pay debt and fund its pipeline of projects.

Hindenburg stated in its report that Adani had committed "brazen stock manipulation and accounting fraud". It also alleged a "vast labyrinth of offshore shell entities" ultimately owned by the Adani...

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