India's Adani Infra to buy 30% stake in PSP Projects

India's Adani Infra to buy 30% stake in PSP Projects for $81 million
India's Adani Infra will purchase a 30.07% stake in construction firm PSP Projects for 6.85 billion rupees ($81.2 million), the latter said on Tuesday. Adani Infra, owned by a unit of Indian billionaire Gautam Adani's flagship Adani Enterprises,
Adani Infra to buy 30.07% stake in Ahmedabad-based PSP Projects for ₹685 crore
Adani Infra to acquire 30.07% stake in PSP Projects for ₹685 crore, aiming to boost infrastructure development in India.
Adani To Buy PSP Stake To Boost Construction Arm
Billionaire Gautam Adani agreed to buy a stake in PSP Projects Ltd. as his ports-to-power conglomerate seeks to enhance its engineering and construction capabilities to execute infrastructure projects.
Adani Infra to buy 30% stake in PSP Projects
Adani Infra, a subsidiary of Adani Group, is set to acquire a 30.07% stake in PSP Projects for ₹685.4 crore. This strategic move aims to bolster Adani Infra's construction capabilities for upcoming infrastructure and real estate projects.
Adani to Buy PSP Projects’ Stake to Boost Construction Business
Billionaire Gautam Adani agreed to buy a majority stake in PSP Projects Ltd. as his ports-to-power conglomerate seeks to enhance its engineering and construction capabilities to execute infrastructure projects.
Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 billion
Adani Infrastructure will purchase a 30.07 per cent stake in PSP Projects for ₹6.85 billion, valuing the firm at ₹575 per share. An open offer for additional stakes will follow, as the company has an order book worth ₹65.
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