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Announced

Completed

GQG Partners completed a $1.87bn investment in Adani Group.

Financials

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Transaction Value£1,553m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Public

Diversified Retailers

Single Bidder

India

Minority

Acquisition

Friendly

Completed

Cross Border

Private Equity

conglomerate services

Synopsis

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GQG Partners, an asset management firm, completed a $1.87bn investment in Adani Group, a multinational conglomerate. “I am excited to have initiated positions in the Adani companies. Adani companies own and operate some of the largest and most important infrastructure assets throughout India and around the world. Gautam Adani is widely regarded as among the best entrepreneurs of his generation. We believe that the long-term growth prospects for these companies are substantial, and we are pleased to be investing in companies that will help advance India’s economy and energy infrastructure, including their energy transition over the long-run," Rajiv Jain, GQG Partners Chairman and CIO.

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