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PortsSource: The Loadstar ↗Source date:

Adani Ports targets European tank terminals amid reported EVOS offer

Adani Ports has reportedly made a binding offer of about $3.3bn for European terminal operator EVOS as it expands outside India, after walking away from Associated British Ports and setting up a company in Oman.

Adani Ports has raised guidance for growth that increasingly comes from outside India. It has reportedly made a binding offer of about $3.3bn for European terminal operator EVOS.

The ports group walked away from Associated British Ports and set up a company in Oman as the Port of Salalah prepares to change operator.

The report also says the US case against its founder is closed and that Adani Ports has a credit rating equal to India’s sovereign rating.

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