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Adani Ports subsidiary acquires 80% of Astro Offshore Group for $185 million

By Economic Times - 2 months ago
Adani Ports and Special Economic Zone has announced an all-cash deal to acquire a 80% stake in Astro for $185 million. This acquisition, valued at an EV of $235 million, expands APSEZ's fleet and customer base in strategic regions, enhancing its position in the marine operations market.

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