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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 X X X X Extracts X X X X X X X X Extracts X X X X ..... > X X X X Extracts X X X X X X X X Extracts X X X X ..... roposed combination envisages acquisition of additional 25% shareholding of Adani Krishnapatnam Port Limited (Target) by Adani Ports and Special Economic Zone Limited (Acquirer). The Acquirer is a pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ivate 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 of the Target. A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 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, deepwater multi-purpos ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e port located at Krishnapatnam, Andhra Pradesh, under Build-Operate-Share-Transfer concession from the Government of Andhra Pradesh.
Detailed Order of the CCI will follow. X X X X Extracts X X X X X X X X Extracts X X X X ..... PIB ..... X X X X Extracts X X X X X X X X Extracts X X X X
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