Abu Dhabi's IHC maintains outlook on Adani Group stakes

Abu Dhabi's IHC maintains outlook on Adani Group stakes as stocks rise sharply
International Holding Co's (IHC) outlook on investments in India's Adani Group remains unchanged, the Abu Dhabi conglomerate said following the U.S. indictment of billionaire Gautam Adani, while the company's shares rose strongly for a second day on Thursday.
After GQG, Abu Dhabi's IHC backs Adani over US indictment
International Holding Company, which is listed on the Abu Dhabi Securities Exchange, is the third-largest foreign investor in Adani, having put in $2.5 billion.
Abu Dhabi’s IHC Reaffirms Its Support To The Adani Group Amid Legal Challenges
In April 2022, IHC invested $500 million each in Adani Green Energy and Adani Transmission, along with $1 billion in Adani Enterprises. Although IHC later sold stakes in Adani Green Energy and Adani Transmission, it increased its holding in Adani Enterprises to over 5%, demonstrating continued confidence in the conglomerate's flagship entity.
Abu Dhabi's IHC says its outlook on Adani Group investments is unchanged
International Holding Co's (IHC) outlook on investments in India's Adani Group remains unchanged, the Abu Dhabi conglomerate said following the U.S. indictment of billionaire Gautam Adani.
Abu Dhabi's IHC emphasises confidence in Adani, outlook on investments in group remains unchanged: Report
All 10 listed Adani Group shares continued to recover in today's trade after the conglomerate claimed that there were no bribery charges against Gautam Adani and other group executives. Of the 10 stocks,
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Abu Dhabi's IHC says its outlook on Adani Group investment unchanged
Abu Dhabi's International Holding Company (IHC) said its outlook on investments in the Adani Group remains unchanged following the US indictment of the Indian conglomerate's founder chairman Gautam ...