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After terminating power and highway deals, Adani scraps another M&A transaction

By Aman Malik

  • 08 Jun 2023
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After terminating power and highway deals, Adani scraps another M&A transaction
Gautam Adani, Chairman, Adani Group | Credit: Reuters

Just days after walking away from a Rs 3,110-crore deal to buy a portfolio of highway projects from a private equity firm, the Adani group appears to have called off another big-ticket acquisition, VCCircle has learnt.  The latest development comes even as the ports-to-airports conglomerate led by billionaire continues to battle the aftermath of allegations levelled by New York-based short seller Hindenburg Research, ......

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