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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)?

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)? Correct Answer ₹12,000 crores

The correct answer is ₹12,000 crores.

  • 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 crores.
  • This will result in APSEZ having a 75% controlling stake in KPCL.
  • On 3 January 2020, APSEZ had signed a deal to buy the port for an enterprise value of ₹13,752 crores.

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