Motilal Oswal
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Motilal Oswal
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French energy firm Total may buy 30% stake in Adani Gas for about Rs 6,950 crore, says report

Updated : June 14, 2019 07:56 AM IST

The deal, which will be announced soon, will help the Adani Group to cut its debt and bring in strategic expertise into an expanding business, the report said.
As per the report, the deal is likely to trigger an open offer to public shareholders post which Gautam Adani and Total are likely to have an equal shareholding.
French energy firm Total may buy 30% stake in Adani Gas for about Rs 6,950 crore, says report
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