Adani Ports said that it will buy a 95% stake in Odisha's Gopalpur Port for an equity value of 13.49 billion rupees. As per the deal- whose enterprise value is ₹30.80 billion, Adani Ports will purchase a 56% stake in Gopalpur Port from real-estate conglomerate Shapoorji Pallonji Group and a 39% stake from Orissa Stevedores. Karan Adani, managing director at …
NEW DELHI: The Shapoorji Pallonji Group on Tuesday announced the sale of its brownfield Gopalpur Port to Adani Ports and SEZ Ltd for an enterprise value of Rs 3,350 crore, as part of its deleveraging strategy with planned asset monetisation. The sale of the Gopalpur Port is the second port divestment in the last few months from the SP Group, …
Ahmedabad: Adani Ports and Special Economic Zone Ltd, India’s largest ports and logistics company, on Tuesday, announced that it has entered into a definitive agreement to purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited in Gopalpur Port Limited. Gopalpur Port is well connected "As a deep draft, multi-cargo port, Gopalpur …
