Adani Ports Makes Major Push Into Europe With $2.9 Billion Evos Acquisition

Adani Ports and Special Economic Zone (APSEZ) has agreed to acquire Netherlands-based liquid storage operator Evos B.V. in a €2.56 billion ($2.88 billion) deal. The acquisition will expand APSEZ's global footprint into Europe and strengthen its liquid storage capabilities. This is a significant move for APSEZ, which is one of India's largest port operators.