TaxTMI 
TaxTMI 
CCI approves proposed acquisition of additional 25% shareholding of Adani Krishnapatnam Port Limited by Adani Ports and Special Economic Zone Limited
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....CI approves proposed acquisition of additional 25% shareholding of Adani Krishnapatnam Port Limited by Adani Ports and Special Economic Zone Limited <br>News and Press Release<br>Dated:- 18-5-2021<br>....
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....<BR>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. The pr....
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....oposed 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 pri....
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....vate 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. As....
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.... 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-purpose....
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.... 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.<BR> News - Press release - ....
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....PIB....