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GQG Partners Buys $1 1 Billion Worth of Adani Power Shares

(Bloomberg) GQG Partners bought 8.1% of the total outstanding shares in billionaire Gautam Adani-controlled Adani Power Ltd. for about $1.1 billion through block deals on Wednesday, according to people familiar with the matter.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowTech Stocks Take a Leg Down Ahead of Fed Minutes: Markets WrapChina Asks Some Funds to Avoid Net Equity Sales as Markets SinkMa

Adani Power to acquire DB Power for Rs 7,000 cr

Adani Power to acquire DB Power for Rs 7,000 cr - INDIA New England News

Adani Power to acquire DB Power for Rs 7,000 cr - INDIA New England News
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Adani Power to acquire DB Power for Rs 7,000 cr

Gautam Adani-led Adani Power Ltd has agreed to buy the thermal power assets of DB Power Limited (DBPL) for nearly Rs Rs 7,017 crore enterprise valuation, the company announced on Friday.Both sides signed an agreement for the all cash deal on .

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