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Adani Ports completes acquisition of Krishnapatnam port.

ByPassionIT News --
2020-10-05

India’s largest private port operator Adani Ports and Special Economic Zone Ltd. (APSEZ) has completed the acquisition of Krishnapatnam Port Co Ltd. (KPCL) for an enterprise value of ₹12,000 crore. This will result in APSEZ having a 75% controlling stake in KPCL, the Adani group said in a press release.