India’s Adani Acquires SoftBank’s India Energy Unit for $3.5B

Ahmedabad, India-headquartered Adani Green Energy Ltd., (AGEL) "acquired SB Energy Holdings Ltd., (SB Energy India) in an all-cash deal for which definitive agreements were signed on May 18, 2021," a company statement said. With this deal, SB Energy India is now a 100 percent subsidiary of AGEL while earlier it...

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