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06 December 2018
Corporate M&A

“Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer and part of the Adani Group, announced that it has executed a Share Purchase Agreement between Larsen and Toubro Ltd, Marine Infrastructure Developer Pvt. Ltd (MIDPL), L&T Shipbuilding Ltd and Adani Kattupalli Port Pvt. Ltd to acquire 97 per cent shares of MIDPL. MIDPL is the developer and operator of Kattupalli Port,” according to Steelguru.

06 December 2018
Corporate M&A

State Bank of India (SBI) and its wholly owned subsidiary, SBI Payment Services Private Limited (SBIPSPL), proposed a 74:26 joint venture with Hitachi Payment Services Private Limited (HPSPL), an indirect wholly owned subsidiary of Hitachi Limited, Japan, according to reports.