Skip to main content

MoneyWorks4Me

CCI approves acquisition of Adani Krishnapatnam Port by Adani Ports

20 May 2021 Evaluate

The Competition Commission of India (CCI) has approved the proposed acquisition of an additional 25% shareholding of Adani Krishnapatnam Port by Adani Ports and Special Economic Zone.

The proposed combination envisages the acquisition of an additional 25% shareholding of Adani Krishnapatnam Port (Target) by Adani Ports and Special Economic Zone (Acquirer).

Adani Ports and Special Economic Zone (APSEZ), a part of globally diversified Adani Group, is the largest integrated logistics player in India.

Peers