Adani Ports and Special Economic Zone (APSEZ) said on Friday (Jan 3, 2020) it would buy a 75% stake in Krishnapatnam Port Co Ltd (KPCL) for an enterprise value of 135.72 billion rupees ($1.89 billion).
The deal will take its domestic market share to 27% from 22% on a pan-India basis, the company said here in a filing to exchanges.
Read more on Reuters.
