Adani buys 80% in Astro Offshore
Saturday, 31 August 2024
Adani Ports plans to purchase an 80% stake in Astro Offshore for $185 million, aiming to become a leading global marine operator. Founded in 2009, Astro owns 26 offshore support vessels and reported a $41 million operating profit in FY24. Adani Ports CEO Ashwani Gupta highlighted the addition of Astro’s fleet to their existing 142 tugs and dredgers.
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