The Adani Ports and Special Economic Zone (APSEZ) has signed a deal to acquire the 58.1% stake owned by DVS Raju and family in Gangavaram Port Limited (GPL), the holding company of the Gangavaram Port in Visakhapatnam (Vizag), Andhra Pradesh for INR 36.04 billion ($500 million). In this regard, the Adani Group company, subject to […]
The Adani Ports and Special Economic Zones (Adani Ports or APSEZ) will acquire the 31.5% stake owned by Windy Lakeside Investment in the Gangavaram Port (GPL) in Visakhapatnam (Vizag), Andhra Pradesh for INR 19.54 billion ($270 million). The Adani Group company is acquiring nearly 16.3 crore shares at INR 120 per share from the Warburg […]