Announced
Completed
Financials
Tags
Public
Diversified Retailers
Single Bidder
India
Minority
Acquisition
Friendly
Completed
Cross Border
Private Equity
conglomerate services
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.