APSEZ to acquire 80% stake in global OSV operator Astro Offshore
The acquisition will be done in an all-cash deal for $185 million and the transaction is expected to close within a month.
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Adani stocks rise up to 7% as Jefferies remains bullish
Adani Group focused on containing debt, and reducing founders share pledges in FY24, Jefferies says
Adani Ports assigned ‘AAA’ credit rating by CARE
CARE has assigned ‘AAA’ ratings with stable outlook to Adani Port’s long and short term bank facilities and its NCDs.
Adani Ports shares hit 52-week high on record cargo volume in Feb
The country's largest private port operator handled 35.4 MMT (million metric tonne) of total cargo, implying a healthy 33% YoY growth.
Adani Ports hikes cargo volume guidance for FY24
India's largest private ports operator handled 35.65 MMT of cargo volumes in December 2023.
Adani Ports posts ‘strongest-ever’ quarterly profit at ₹2,119 cr
The Adani group company's revenue from operations increased 24% year-on-year ₹6,248 crore from ₹5,058 crore in the year-ago period
‘Independent examination not appropriate at this stage’: Adani Ports clarifies on auditor's concerns
Deloitte, the auditor of APSEZ, raised concerns over Adani Ports' transactions with three entities, which the company said were unrelated parties.
Adani Ports announces $130 mn debt buyback
The purpose of the tender offer is to partly prepay Adani Ports' near-term debt maturities and to convey the comfortable liquidity position of the company.
Adani Ports acquires 49.38% stake in Indian Oiltanking; share down 1%
APSEZ has acquired 49.38% stake in Indian Oiltanking and an additional 10% stake in one of its subsidiaries, IOT Utkal.
