🚨 BREAKING: Adani Ports (APSEZ) is buying Netherlands-based Evos B.V. — Europe's second-largest independent liquid storage operator — in a €2.56 billion (~$2.87B) all-cash deal.
The deal gives Adani a 100% stake in Evos: 8 port-based liquid storage terminals across 5 European countries, with 6.3 million cubic metres of capacity. Evos posted €392M revenue and €219M EBITDA in 2025.
The deal is debt-funded (MUFG sole underwriter, up to €2.8B) and needs regulatory approvals. APSEZ shares rallied as much as 2.8% to ₹1,937.70 on Friday.
Full story on zimbuck.com
#AdaniPorts #Adani #Stocks #StockMarket #India #Investing #Mergers #BusinessNews
The deal gives Adani a 100% stake in Evos: 8 port-based liquid storage terminals across 5 European countries, with 6.3 million cubic metres of capacity. Evos posted €392M revenue and €219M EBITDA in 2025.
The deal is debt-funded (MUFG sole underwriter, up to €2.8B) and needs regulatory approvals. APSEZ shares rallied as much as 2.8% to ₹1,937.70 on Friday.
Full story on zimbuck.com
#AdaniPorts #Adani #Stocks #StockMarket #India #Investing #Mergers #BusinessNews
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