M&AEconomic Times
S&P says Adani Ports can absorb Evos acquisition costs
Positive+43
GreyOak summary
S&P Global Ratings states Adani Ports can absorb the costs of acquiring Evos BV for 2.56 billion euros. The deal expands the company's international presence in Europe's liquid storage market. S&P forecasts the acquisition will maintain a healthy adjusted debt-to-EBITDA ratio below 3.5x.
What it affects
- Adani Ports and Special Economic ZoneADANIPORTSPositive +43
Acquiring Evos BV to expand international portfolio.Rolling sentiment Positive +56
Source
Read the original at Economic TimesMore Adani Ports and Special Economic Zone news
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