Ga onbeperkt met Magzter GOLD

Ga onbeperkt met Magzter GOLD

Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts

$149.99
 
$74.99/Jaar

Poging GOUD - Vrij

APSEZ buys terminal from promoter entity

Mint Hyderabad

|

April 18, 2025

The acquisition of Australian terminal came at enterprise value of $2.5 bn

- Nehal Chaliawala

Ahmedabad-headquartered Adani Ports and Special Economic Zone Ltd (APSEZ) said Thursday that it will buy a port terminal in Australia's Queensland from a promoter company in a non-cash deal that values the 50-million-tonnes-per-annum (mtpa) capacity asset at an enterprise value of A$3,975 million (approximately $2.5 billion).

The Adani's flagship port company will issue 143.8 million equity shares to Carmichael Rail and Port Singapore Holdings Pte Ltd, Singapore (CRPSHPL). CRPSHPL is a promoter-owned entity that ultimately owns the North Queensland Export Terminal (NQXT). The transaction will see promoter shareholding in APSEZ go up by 2.13 percentage points to 68.02%.

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

When street dogs, cats bring the office closer

When colleagues work towards a collective goal like looking after community animals, it offers them a sense of purpose

time to read

4 mins

September 15, 2025

Mint Hyderabad

US, Chinese officials hold talks in Spain

US and Chinese officials began talks in Madrid on Sunday on their strained trade ties, a looming divestiture deadline for Chinese short video app TikTok and Washington's demands that its allies place tariffs on China over its purchases of Russian oil.

time to read

1 min

September 15, 2025

Mint Hyderabad

Will We Disprove Yes Minister With Pension Reforms?

In Yes Minister, a TV satire on British politics, Sir Humphrey often stymied urgent reforms by setting up ‘interdepartmental committees.’

time to read

3 mins

September 15, 2025

Mint Hyderabad

It's Clear That Gamblers Should Pay More Taxes Than Investors

Investing aids the economy but gambling is simply consumption

time to read

3 mins

September 15, 2025

Mint Hyderabad

Q-comm gaming the grocery run

Platforms are leaning on gamification for marketing & retention

time to read

2 mins

September 15, 2025

Mint Hyderabad

Why Meme Marketers Hate Congratulations

With more budgets moving to influencer and meme marketing, it's sometimes hard to tell what is an ad and what isn't

time to read

4 mins

September 15, 2025

Mint Hyderabad

SonyLIV rolls with duel despite outrage

The broadcaster, streaming Asia Cup for first time, is sure of adding viewers, boosting revenue despite Indo-Pak tensions

time to read

2 mins

September 15, 2025

Mint Hyderabad

Govt alert on Cairo pharma payments

The Indian embassy in Cairo has issued a cautionary trade advisory to all Indian pharmaceutical exporters regarding Biomed For Pharmaceutical Industries, an Egyptian firm.

time to read

1 min

September 15, 2025

Mint Hyderabad

Digital loans against MFs are fast, but here's what you should know

Do not max out the LTV ratio, do not use it for long-term funding, and keep a watch on market volatility

time to read

5 mins

September 15, 2025

Mint Hyderabad

To curb smokeless tobacco use, India targets 100 high-burden districts

Consumption of smokeless tobacco, a leading cause for cancer, remains one of India's biggest public health challenges, with more than one in five people using such products.

time to read

2 mins

September 15, 2025

Listen

Translate

Share

-
+

Change font size