Gautam Adani’s flagship firm weighs FPO to raise as much as $2.4 billion

Billionaire Gautam Adani’s conglomerate is working with advisers on the follow-on issue and could sell the shares as soon as next year, the people said, asking not to be identified as the information is private. The sale could even raise as much as $2.4 billion, one of the people said.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/gautam-adani’s-flagship-firm-weighs-fpo-to-raise-as-much-as-3624-billion_16748521.html