Inside the 19hr meltdown that junked Adani's share sale

Gautam Adani chose to forgo the short-term victory of nailing the follow-on offer of Adani Enterprises to protect his longer term relationships with marquee investors who otherwise were staring at some embarrassing mark-to-market losses on the sums they had committed.

from Times of India https://ift.tt/ZxO0myh
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