Adani Ports to acquire 95% stake in Odisha's Gopalpur Port for enterprise value of Rs 3,080 crore
The equity value of the acquistion is pegged at Rs 1,349 crore
Source: theweek.in
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SP Group to sell Odisha port to Adani co in Rs 3,350 crore deal
India Business News: MUMBAI: Shapoorji Pallonji Group has agreed to sell its 56% stake in Gopalpur Port in Odisha to Adani Ports for an enterprise value of Rs 3,350 crore,.
Source: indiatimes.com
Adani Ports acquires Gopalpur Port in Odisha for Rs 3,080 crore
Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it has acquired 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL) for Rs 3,080 crore.Gopalpur port is located on ...
Source: prokerala.com
Odisha: Adani Ports Acquires Gopalpur Port At Rs. 3,350 Crore
The move to offload the Gopalpur Port is part of the Shapoorji Pallonji Group's deleveraging strategy with planned asset monetization.
Source: sentinelassam.com
Growing dominance: India's largest private port operator Adani Ports announces acquisition of Odisha's Gopalpur Port | Business News
Gopalpur Port is the seventh Indian port to have been acquired by the Adani Group through the inorganic route since 2014. The others include Dhamra Port, Kattupalli Port, Krishnapatnam Port, Dighi Port, Gangavaram Port, and Karaikal Port.
Source: indianexpress.com