Adani Ports acquires 49.38% stake in Indian Oiltanking Ltd for Rs 1,050 Cr
Ahmedabad, 9 November 2022: Adani Ports and Special Economic Zone Ltd (APSEZ), the largest transport utility in India, has entered into a definitive agreement for the acquisition of Oiltanking India GmbH’s 49.38% equity stake in Indian Oiltanking Ltd (IOTL), which is one of India’s largest developer and operator of liquid storage facilities. This agreement also […]