MSCI to lower free float of two Adani companies
(Reuters) – MSCI will lower the free float of two of India’s Adani Group companies, Adani Total Gas and Adani Transmission in its May index review, the financial index provider said on Friday. MSCI now sees the Adani Total Gas’ free float at 14% and Adani Transmission at 10%, from 25%. Free float is defined…
