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Activist investor Bill Ackman, founder of hedge fund Pershing Square, tweeted Sunday: “There is just too much liability exposure for the banks.” Ackman was referencing this week’s share sale for its flagship Adani Enterprises, which crucially achieved a full subscription Tuesday.
A spokesperson for the Adani Group was not immediately available for comment when contacted by CNBC.
Activist investor Bill Ackman, founder of hedge fund Pershing Square, tweeted Sunday: “There is just too much liability exposure for the banks.” Ackman was referencing this week’s share sale for its flagship Adani Enterprises, which crucially achieved a full subscription Tuesday.
A spokesperson for the Adani Group was not immediately available for comment when contacted by CNBC.
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