Breakingviews - Gautam Adani takes new tycoon risk to next level

. TotalEnergies only struck its deal after securing a discount of some 40% to the publicly traded price.

The lack of appreciation is also not one-sided, however. A spokesperson for Adani group says it has not courted analysts because it only typically sells shares when looking for strategic investors. The group expects analyst coverage of its companies to increase in the coming years as it enters the next phase of its growth. That might help to address other concerns.

suchetadalal ugalani He WILL fail and banks will write-off many of his loans. Tax payers as usual will suffer the most.

suchetadalal ugalani Remember lehmann brothers Too big to fail Did fail Impacted financial markets globally

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Breakingviews - Breakingviews: Gautam Adani takes new tycoon risk to next levelGautam Adani is a different sort of Indian tycoon. The 60-year-old university dropout and son of a trader is a first-generation entrepreneur who has become the world’s fourth-richest man by building and buying critical energy and infrastructure assets at lightning speed. There is none of the obvious financial profligacy that broke many of his rivals in recent years, but other concerns cast a shadow over the billionaire who is starting to get too big to fail.
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