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Adani Group to acquire MBCPNL portfolio from Sadbhav Infrastructure at an Enterprise Value of Rs.1,680 crore

Gateway connects Maharashtra with 6 neighbouring states, will cover over 20% of the commercial road traffic in India Adani Road Transport Ltd (ARTL) will acquire Maharashtra Border Check Post Network Ltd (MBCPNL). ARTL will acquire 49% at first, with the option to acquire additional stake, subject to approvals MBCPNL has 24 integrated checkposts with exclusive […]
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