Adani Ports’ step down arm completes acquisition of 80% stake in Astro Offshore group

Ace News

25th Oct 2024

Adani Ports and Special Economic Zone’s step down subsidiary -- The Adani Harbour International DMCC has completed the acquisition of 80% stake in Astro Offshore group. The said acquisition is in line with Company’s strategy to increase its footprint in marine service market globally. Cost of acquisition is $194.78 million for 80% stake. 

Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.