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via livemint.comCapital Markets

Adani Ports to enter Europe with €2.56 billion buyout of Evos

FROM THE WIRE · LIVEMINT.COM

The company will pay €1.18 billion in cash to buy 100% of Evos over 15 months, sealing its biggest buyout to date by enterprise value.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralIt is the group's largest buyout by enterprise value and marks its entry into Europe.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adani Ports will pay €1.18 billion in cash.
  2. 02The deal covers 100% of Evos.
  3. 03The payment will be made over 15 months.

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