Section

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

By Economic Times - 3 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.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.