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India: CCI okays Adani Green's acquisition of SB Energy

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In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We ....

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Adani Green to acquire SB Energy's 5 GW renewable power portfolio for Rs26,000 cr

Firms/companies > A > Adani Group
19 May 2021
Adani Green Energy Limited (AGEL) has signed definitive agreements to acquire 100 per cent equity stake in SB Energy Holdings Limited (SB Energy India), a joint venture between Japan-based SoftBank Group Corp and Bharti Group, with 4,954 MW of renewable assets in India.
AGEL on Wednesday signed share purchase agreements for the acquisition of 100 per cent interest in SB Energy India from SBG (80 per cent) and Bharti Group (20 per cent). SB Energy India has a total renewable portfolio of 4,954 MW spread across four states in India. The transaction values SB Energy India at an enterprise valuation of approximately Rs26,000 crore ($3.5 billion) and is the largest acquisition in the renewable energy sector in India. ....

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Gautam Adani Becomes Second Richest Man in Asia; Surpasses China's Zong Shanshan

Gautam Adani Becomes Second Richest Man in Asia; Surpasses China s Zong Shanshan
News18
1 hour ago
News18
© Provided by News18
Gautam Adani Becomes Second Richest Man in Asia; Surpasses China s Zong Shanshan
Indian businessman Gautam Adani has surpassed Chinese billionaire Zong Shanshan to become Asia’s second richest individual, according to the Bloomberg Billionaires Index. According to the index, the Adani Group’s net worth is $66.5 billion, while Zhong Shanshan’s is $63.6 billion. In terms of the most wealth owned by a person in Asia, Adani now trails behind only his Indian competitor and Reliance Industries Limited (RIL) Chairman Mukesh Ambani. ....

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Gautam Adani surpasses Chinese billionaire Zong Shanshan to become 2nd richest man in Asia

Last Updated:
Gautam Adani Surpasses Chinese Billionaire Zong Shanshan To Become 2nd Richest Man In Asia
Indian billionaire Gautam Adani has emerged as Asia s second-richest person surpassing Chinese billionaire Zong Shanshan, as per the Bloomberg
Image Credits: PTI
Indian business tycoon and billionaire Gautam Adani has emerged as Asia s second-richest person surpassing Chinese billionaire Zong Shanshan, as per the Bloomberg Billionaires Index. The Bloomberg Billionaire Index indicates that Adani Group s net worth is $66.5 billion as compared to Zhong Shanshan’s $65.6 billion. In terms of most wealth owned by a person, the figures also imply that Gautam Adani trails behind his Indian competitor and Reliance Industries Limited Chairman Mukesh Ambani. ....

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Adani Green Energy Share Price: Adani Green Energy Gains Around 2% After Acquiring SB Energy

Adani Green Energy Share Price: On Thursday, Adani Green Energy opened on the BSE at Rs 1,268.55, swinging to an intra day high of Rs 1,289, and an intra day low of Rs 1,239.70, so far. ....

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