ADIA backs Adani Energy in secondary share shale
ADIA was reportedly among the bidders for Adani’s planned share sale in 2023, which was later scrapped
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ADIA was reportedly among the bidders for Adani’s planned share sale in 2023, which was later scrapped
Adia first bought into the Indian firm in 2017
The transaction would value Froneri at USD 10 bn
The move comes as part of its plans to expand locally and across the GCC
Plus: Adia-led consortium granted due diligence for Hargreaves Lansdown takeover
Another Indian pharma firm submitted a matching bid for the company
Plus: Irish woman held in Dubai allowed to return home
Plus: Dubai is getting the largest car market in the world
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