Thursday, February 16, 2023

Adani Power calls off acquisition of DB Power

"We wish to inform that the long stop date under the memorandum of understanding ... has expired," Adani Power informed the bourses on Wednesday. The company did not, however, assign a reason for calling off the deal. An email query sent to the company im this regard remained unanswered until the time of going to press on Thursday.

from Energy-Industry-Economic Times https://ift.tt/i0bGv2j

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