News bulletin 2023/01/25 06:18

News bulletin 2023/01/25 06:18
News bulletin 2023/01/25 06:18

اخبار العرب-كندا 24: الأربعاء 25 يناير 2023 04:55 مساءً

Reuters

Hindenburg shorts India's Adani citing debt, accounting concerns; shares plunge

Hindenburg Research said it held short positions in India's Adani Group, accusing the conglomerate of improper use of offshore tax havens and flagging concerns about high debt that eroded $11 billion in investor wealth on Wednesday. The group, which is led by Gautam Adani, the world's third richest person according to Forbes, dismissed the U.S. short-seller's claims as baseless, saying it was timed to damage its reputation ahead of a large share offering. The group's flagship firm, Adani Enterprises, will on Jan. 27 launch the country's biggest public secondary share offering, aiming to raise $2.5 billion to fund capital expenditure and pay off some debt.

تم ادراج الخبر والعهده على المصدر، الرجاء الكتابة الينا لاي توضبح - برجاء اخبارنا بريديا عن خروقات لحقوق النشر للغير

السابق Hindenburg shorts India's Adani citing debt, accounting concerns; shares plunge
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