ihc

IHC raises stake in Adani Enterprises

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IHC raises stake in Adani Enterprises

Mumbai: Abu Dhabi-based International Holding Company PJSC (IHC) said on Tuesday that it has raised its stake in Adani Enterprises Ltd (AEL) days after exiting two other Adani Group companies. IHC boosted its holding in Adani Group flagship AEL to more than 5% from the 3.53% stake it first acquired in May 2022 for ₹7,700 … Read more

IHC, ADIA among bidders for Adani’s $2.5 billion share sale

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IHC, ADIA among bidders for Adani’s .5 billion share sale

Middle Eastern investors including International Holding Co PJSC and Abu Dhabi Investment Authority are bidding to buy stock in the $2.5 billion follow-on share sale floated by Indian billionaire Gautam Adani’s flagship, according to people familiar with the matter. Mubadala Investment Co PJSC, SA have also bid, the people said, asking not to be identified … Read more