Begin typing your search...
GQG picks 8.1% in Adani Power for $1.1 bn
US-based boutique investment firm GQG Partners has invested $1.1 billion in Adani Power for an 8.1 per cent stake, sources with knowledge of the matter said on Wednesday.
image for illustrative purpose
New Delhi: US-based boutique investment firm GQG Partners has invested $1.1 billion in Adani Power for an 8.1 per cent stake, sources with knowledge of the matter said on Wednesday. GQG Partners bought 31 crore shares of Adani Power in the largest ever secondary markt equity deal, they said, adding that promoter Adani family sold the stake for over Rs9,000 crore ($1.1 bn).
