Adani Ports and Special Economic Zone Ltd may be preparing for one of the most ambitious and historically resonant overseas acquisitions ever attempted by an Indian company.
ET has reported today that the Adani Group company is evaluating the acquisition of a controlling stake in Associated British Ports (ABP), the largest ports operator in the United Kingdom. Adani has not officially confirmed the information yet. The transaction, if completed, could likely be worth nearly $10 billion and rank among the biggest UK acquisitions by an Indian company.
