The Qatar Investment Authority, a West Asia-based sovereign investment fund, has acquired a 2.7 per cent stake in Adani Green Energy for $500 million. This acquisition took place on Monday through block deals. According to banking sources, the group plans to utilise the proceeds from this transaction to reduce its debt and fund other… Continue reading Qatar fund buys 2.7% stake in Adani Green for $500 mn via block deals
Tag: deals
Oregon, Washington finalizing deals to join Big Ten as Pac-12 continues to dissolve: report
The Oregon Ducks and Washington Huskies will remain bitter rivals but in the Big Ten. ESPN reports the schools are finalizing a deal to join the conference as the Pac-12 continues to dissolve. ESPN adds that both universities will formally apply for membership to the Big Ten Friday, with a vote expected to come from… Continue reading Oregon, Washington finalizing deals to join Big Ten as Pac-12 continues to dissolve: report
Campus Activewear tumbles 7%, dips below IPO price amid huge block deals
Shares of Campus Activewear hit a record low of Rs 282.45 on the BSE in Wednesday’s intra-day trade after huge block deals were executed on the counter. The stock of footwear company fell below its previous low of Rs 298.05 touched on July 27. In the process, the stock also dipped fallen its issue price… Continue reading Campus Activewear tumbles 7%, dips below IPO price amid huge block deals