Adani Ports and Special Economic Zone (APSEZ), an Indian transport utility, has agreed to acquire a 49.38% equity stake in Indian Oiltanking (IOTL) from Oiltanking India GmbH for Rs 1,050 Cr, in a bid to become India’s largest third-party liquid tank storage player. The agreement also facilitates the acquisition of an additional stake of 10% […]
Evos, a Dutch liquid bulk storage company, has agreed to acquire four European liquid storage terminals from Oiltanking and Jersey-based investment company 3i Infrastructure for an undisclosed price. The acquisition will be carried out by Evos via its entity Evos Finance. The sale involves four liquid storage terminals in Amsterdam and Terneuzen in the Netherlands, […]
