SYDNEY (Reuters) – GQG Partners Inc founder Rajiv Jain will meet clients and investors in Australia this week, the company said in a statement on Tuesday, and will explain its investment into embattled Indian Adani group.
GQG Partners bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller’s critical report sparked a stock rout.
(Reporting by Praveen Menon and Scott Murdoch in Sydney; Editing by Muralikumar Anantharaman)
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