Gautam Adani says withdrew share sale to insulate investors from losses

Ahmedabad, 2/2: Adani Group chairman Gautam Adani on Thursday said its flagship firm Adani Enterprises withdrew its $2.5 billion share sale to insulate investors from potential losses.

 

 

Adani Enterprises late on Wednesday called off the share sale as a rout sparked by a US short-seller’s criticisms wiped billions more off the value of the Indian tycoon’s stocks.

 

 

Comments are closed.