Bissoy.com
Doctors Medicines MCQs Q&A

The Competition Commission of India has approved  Adani Ports and Special Economic Zones Ltd's acquisition of how much percent stake in Gangavaram Port Ltd?

The Competition Commission of India has approved  Adani Ports and Special Economic Zones Ltd's acquisition of how much percent stake in Gangavaram Port Ltd? Correct Answer 89.6

The correct answer is 89.6%.

  • The Competition Commission of India has approved  Adani Ports and Special Economic Zones Ltd's acquisition of an 89.6% stake in Gangavaram Port Ltd.
  • Adani Ports had earlier announced the acquisition of a 58.1% stake in the port located in the northern part of Andhra Pradesh, from D.V.S. Raju for ₹3,604 cr.
  • It had also announced the acquisition of Warburg Pincus’s 31.5% stake in Gangavaram.

Related Questions

Adani Ports and Special Economic Zone Ltd will acquire how much percent stake held by DVS Raju in Gangavaram Port Ltd?
The Competition Commission of India (CCI) has given its approval for the proposal of acquisition of how much per cent stake of Gangavaram Port (GPL) by Adani Ports?
Adani Ports has signed an agreement with Vishwa Samudra Holdings Pvt. Ltd., to acquire how much per cent stake of Adani Krishnapatnam Port Limited (Krishnapatnam Port) for consideration of ₹2,800 crores?
Adani Group subsidiary Adani Ports and Special Economic Zones Ltd (APSEZ) has bagged the contract to develop and operate West Container Terminal (WCT) in which country?
Adani Ports and Special Economic Zone Ltd has completed the acquisition of Krishnapatnam Port Co Ltd for an enterprise value of how many rupees (in crores)?
Windy Lakeside Investment Ltd will invest Rs. 800 crore in Adani Ports and Special Economic Zone Ltd (APSEZ) for how much per cent stake in the company?
In January 2020, Adani Ports and Special Economic Zone (APSEZ) announced acquisition of 75% stake in which of the following Port Companies?
Competition Commission of India has approved Bank of India's acquisition of how much percent stake each in BOI AXA Investment Managers (BAIM) and BOI AXA Trustee Services (BATS)?
The Competition Commission has given its nod to Aceso Company Pte Ltd's acquisition of how much per cent stake in HealthCare Global Enterprises Ltd.?
Which of the following statements are correct? Kolkata Port is the only riverine major port of India. The port of Cochin is located on Willington Island. Maharashtra has three major ports. Mundra port is India's major port in the private sector. Select the correct answer using the code given below: