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Adani Ports acquires 80% stake in Dubai's Astro Shipping for $185 million

By Economic Times - 2 months ago
Adani Ports & Special Economic Zone Ltd has agreed to acquire an 80% stake in Dubai-based Astro Shipping Company for $185 million. This acquisition aims to expand APSEZ's fleet to 168 ships and boost its presence in the Arabian Gulf, Indian subcontinent, and Far East Asia.

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