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December 11, 2024
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Adani pulls out of $553 million US loan deal for Colombo port

An entity majority-owned by embattled billionaire Gautam Adani, who was indicted in US courts last month, has pulled back from a loan pact valued at $553 million from the US International Development Finance Corporation, according to a company filing.“The project will be financed through the company’s internal accruals and capital management plan. We have withdrawn […]