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From The Indian Express

Center-Left Owned by Indian Express Group

Adani Ports to acquire European liquid storage operator Evos for Rs 27,200 crore

Adani Ports to acquire European liquid storage operator Evos for Rs 27,200 crore

What's behind this

Adani Ports and Special Economic Zone Limited, described as India’s largest integrated transport operator and a fast‑growing global player, said it has agreed to acquire a 100 % stake in Netherlands‑headquartered Evos B.V. from Igneo Infrastructure Partners. The deal is an all‑cash transaction with an enterprise value of €2.56 billion.

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The New Indian Express Center Express Publications (Madurai) Ltd.

Adani Ports to acquire Netherlands-based Evos for €2.56 billion

Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest integrated transport operator and one of the fastest-growing players globally, has agreed to acquire a 100% stake in Netherlands-based Evos B.V. (Evos) from Igneo Infrastructure Partners. The proposed transaction is an all-cash…

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