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Gateway Distriparks to sell entire stake in Snowman Logistics

30 Dec 2019 Evaluate

Gateway Distriparks (GDL) has entered into a Share Purchase agreement to sell its entire stake of 40.25% in Snowman Logistics (Snowman) to Adani Logistics for a consideration of Rs 295.92 crore. The transaction will be completed on or before March 31, 2020. HDFC Bank was the exclusive financial advisor to the company for this Transaction.

Gateway Distriparks is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.

Gateway Distri-Amalg Share Price

278.35 0.00 (0.00%)
04-Jan-2022 18:01 View Price Chart
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