M&ABusiness Today
Adani Ports to acquire Evos for 2.56 billion euros
Positive+193 sources
GreyOak summary
Adani Ports agreed to acquire 100% stake in Evos B.V. for 2.56 billion euros, valuing equity at 1.18 billion euros. The deal expands APSEZ's global network to 28 ports across 10 countries, focusing on European liquid storage. Brokerages maintain Buy ratings, anticipating improved profitability and earnings accretion.
What it affects
- Adani Ports and Special Economic ZoneADANIPORTSPositive +19
Acquiring Evos for 2.56 billion eurosRolling sentiment Positive +56
Source
Read the original at Business TodayMore Adani Ports and Special Economic Zone news
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