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TMI BlogCCI approves proposed acquisition of additional 25% shareholding of Adani Krishnapatnam Port Limited by Adani Ports and Special Economic Zone LimitedX X X X Extracts X X X X X X X X Extracts X X X X ..... CCI approves proposed acquisition of additional 25% shareholding of Adani Krishnapatnam Port Limited by Adani Ports and Special Economic Zone Limited - News and Press Release Dated:- 18-5-2021 - News ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Competition Commission of India (CCI) approves proposed acquisition of additional 25% shareholding of Adani Krishnapatnam Port Limited by Adani Ports and Special Economic Zone Limited. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The proposed combination envisages acquisition of additional 25% shareholding of Adani Krishnapatnam Port Limited ( Target ) by Adani Ports and Special Economic Zone Limited ( Acquirer ). The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Acquirer is a private multi-port operator. It is currently present at 11 ports in six maritime states of Gujarat, Goa, Kerala, Andhra Pradesh, Tamil Nadu and Odisha. It already holds 75% shareholding ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Target. As a result of the proposed combination Acquirer will hold 100% shareholding and sole control of the Target. The Target is engaged as a developer and operator of an all-weather, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... deepwater multi-purpose port located at Krishnapatnam, Andhra Pradesh, under Build-Operate-Share-Transfer concession from the Government of Andhra Pradesh. Detailed Order of the CCI will follo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... w. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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