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GQG picks up 8.1% in Adani Power
Business Standard
|August 17, 2023
Adani family sells 8.1% stake in Adani Power in one of the largest single-day block deals
DEAL DYNAMICS
Australia-listed investment firm GQG Partners on Wednesday invested $1.1 billion (₹9,000 crore) in Adani Power by buying an 8.1 per cent stake from the Adani family via multiple block deals.
With this investment, GQG Partners has bought ₹34,000 crore ($4.2 billion) worth of shares in Adani group companies since March this year. Interestingly, the move comes days after Qatar Investment Authority, a sovereign fund, picked up a 2.7 per cent stake in Adani Green Energy for ₹3,920 crore.
Diese Geschichte stammt aus der August 17, 2023-Ausgabe von Business Standard.
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