Adani Group completes ₹86,000 crore in acquisitions
pre-market1 source ↓written by the desknot a recommendation
- worth
- 33 acquisitions
- since January 2023
- ₹86,000 crore
The Adani Group has successfully completed 33 acquisitions worth ₹86,000 crore since January 2023, primarily focusing on the ports, cement, and power sectors. This strategic move follows serious allegations from Hindenburg Research regarding accounting irregularities. The group aims to bolster investor confidence through these selective deals and strengthen its balance sheet.
Not investment advice. For informational purposes only.