business / news / / The Economic Times
Los Angeles-based money manager has acquired stakes worth more than $2 billion across three Adani Group companies in recent weeks.
The Capital Group has invested over $2 billion in three Adani Group companies recently.
KEY POINTS
- Capital Group acquired nearly a 2% stake in Adani Ports for $776 million on May 5.
- The firm has reduced its Reliance Holdings from 755 million shares in 2017 to 142 million.
- US Justice Department dropped criminal charges against Gautam Adani, resolving a major legal risk.
COMPANIES
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