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Adani Ports & Special Economic Zone to acquire TM Harbour Services

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Capital Market
Last Updated : Dec 07 2016 | 6:01 PM IST

For consideration of Rs 106.27 crore

Adani Ports & Special Economic Zone has signed a share purchase agreement with TKM Global GmbH, Germany; International Shipping & Logistics FZE, Dubai and TM Harbour Services to acquire 100% stake of TM Harbour Services. The cost of acquisition is Rs 106.27 crore. TM Harbour Services owns three harbour tugs which are deployed at Dhamra Port.

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First Published: Dec 07 2016 | 5:28 PM IST

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