Skip to main content

MoneyWorks4Me

Adani Enterprises’ arm completes acquisition of 49% stake in AMG Media Networks

28 Mar 2023 Evaluate

Adani Enterprises’ (AEL) wholly owned subsidiary-- AMG Media Networks (AMNL) has completed the acquisition of 49% equity stake in Quint Digital Media (QBML), in accordance with the terms contemplated under the Share Purchase Agreement (SPA). Cost of acquisition is Rs 47.84 crore.

Adani Enterprises (AEL) is the flagship company of Adani Group, one of India’s largest business organisations.

Peers
Company Name CMP
Redington 356.35
Adani Enterprises 2731.05
Amrapali Industries 34.31
Maxgrow India 175.85
Rashi Peripheral 864.95
View more..