Adani Group Denies Binding Agreement For Kenya Airport

Adani Group denies entering into contract to operate Kenyan airport
The Adani Group has denied allegations that it had signed a binding agreement to operate Kenya 's main airport. The clarification comes after reports of Kenya scrapping over $2.5 billion in contracts, after Adani's US indictment on bribery charges. The group was replying to queries from stock exchanges seeking confirmation on the reports.
Adani Denies Kenya Airport Deal, Clarifies Power Line Project
Adani Group denies entering into a binding agreement to operate Kenya's main airport, clarifying on reports of deal cancellation following US bribery charges.
Adani Energy Solutions says no material impact from Kenya energy deal cancellation
Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business.
Adani Group Denies Binding Agreement For Kenya Airport Amid Cancellation Reports
The Adani Group clarified it had no binding agreement for Kenya's main airport after reports of cancelled $2.5 billion deals linked to US bribery charges. It stated Kenya's power transmission project cancellation doesn’t require SEBI disclosure.
Never entered into agreement to operate airport in Kenya: Adani Group
The group was responding to notices sent by stock exchanges to confirm reports of Kenyan President William Ruto ordering the cancellation of a procurement process
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Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
The Adani group had also been awarded a deal to construct power transmission lines in Kenya, East Africa's business hub. Also Thursday, Energy Minister Opiyo Wandayi told a parliamentary committee ...