{"id":588105,"date":"2023-06-30T10:48:40","date_gmt":"2023-06-30T05:18:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=588105"},"modified":"2023-06-30T12:55:24","modified_gmt":"2023-06-30T07:25:24","slug":"gqg-other-investors-buy-1-bn-stake-in-adani-firms-in-block-trade","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gqg-other-investors-buy-1-bn-stake-in-adani-firms-in-block-trade\/","title":{"rendered":"GQG, other investors buy $1 bn stake in Adani firms in block trade"},"content":{"rendered":"<p>US-based boutique investment firm GQG Partners and other investors have bought close to $1 billion worth of stocks in Adani group&#8217;s two firms from the founding family in large block trades.<\/p>\n<p>The group&#8217;s flagship Adani Enterprises Ltd saw 18 million shares, or 1.6 per cent, trade in a single block while the renewable energy firm Adani Green Energy saw a total 35.2 million shares, or 2.2 per cent, change hands, sources aware of the matter said.<\/p>\n<p>GQG, which had in March bought shares in four Adani group companies worth $1.87 billion and in May increased the stake by $400-500 million, is said to be one of the investors buying shares in block deal on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-based boutique investment firm GQG Partners and other investors have bought close to $1 billion worth of stocks in Adani group&#8217;s two firms from the founding family in large block trades. The group&#8217;s flagship Adani Enterprises Ltd saw 18 million shares, or 1.6 per cent, trade in a single block while the renewable energy firm Adani Green Energy saw a total 35.2 million shares, or 2.2 per cent, change hands, sources aware of the matter said. GQG, which had in March bought shares in four Adani group companies worth $1.87 billion and in May increased the stake by $400-500 million, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-588105","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/588105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=588105"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/588105\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=588105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=588105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=588105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}