Adani Ports acquires 80% stake in global OSV operator Astro Offshore for $185 mn

Adani Ports and Special Economic Zone Ltd (APSEZ) is poised to acquire an 80 percent stake in Astro, a prominent global offshore service vehicle (OSV) operator, through an all-cash transaction valued at $185 million. This deal values the enterprise at $235 million and reflects a multiple of 4.4 times the estimated EBITDA for FY25. The … Continue reading Adani Ports acquires 80% stake in global OSV operator Astro Offshore for $185 mn