Adani Ports Buys 80% Stake In Global OSV Operator Astro Offshore For $185 Mln
Aug 30 (Reuters) -Adani Ports and Special Economic Zone Ltd APSE.NS:
APSEZ ACQUIRES 80% STAKE IN GLOBAL OSV OPERATOR ASTRO OFFSHORE FOR USD 185 MN
EXISTING PROMOTERS OF ASTRO WILL HOLD THE REMAINING 20% STAKE
NO REGULATORY APPROVALS REQUIRED, DEAL EXPECTED TO CLOSE WITHIN A MONTH
ASTRO TO ADD 26 OFFSHORE SUPPORT VESSELS TO CO'S CURRENT FLEET OF 142 TUGS, DREDGERS
Source text for Eikon: ID:nBSE6sTMRY
Further company coverage: APSE.NS
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