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Acquisition

Adani acquires 100% stake in marine services company Ocean Sparkle

Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into a definitive agreement for acquisition of 100% stake in Ocean Sparkle Ltd (OSL), India’s leading third party marine services provider. Key activities carried by the company include towage, pilotage, and dredging. With an asset base […]

Categories
Acquisition

Adani Ports & SEZ acquires 100% stake in Seabird Distriparks

Adani Ports & Special Economic Zone Limited announced the acquisition of 100% stake in Seabird Distriparks (Krishnapatnam) Private Limited (“Seabird Distriparks”). According to the company’s exchange filing, “We would like to inform that the Adani Krishnapatnam Port Limited, wholly owned subsidiary of the Company has signed Share Purchase Agreement on January 28, 2022 with Seabird […]