GQG sells Adani Power shares to SBI Fund, Citadel Securities in $250 million deal
SBI Funds Management Ltd. and Citadel Securities LLC were among the buyers of Adani Power Ltd.’s shares sold by long-time backer GQG Partners LLC in a $250 million deal on Indian bourses last week, according to people familiar the matter. GQG Partners sold about 35 million shares, or about a 1% stake, with SBI Mutual…