Corporate Grapevine     

Published: Jan 15, 2023
Updated: Jan 15, 2023

Investors await Adani’s acquisition moves

The Adani group has spent close to $10 bn in acquisitions in 2022, including Ambuja, Haifa Port in Israel, and SB Energy. All eyes are on the acquisition targets of the group in 2023.

Bankers say the Adani group may look at Shipping Corporation of India, Concor and PTC India for acquisitions in the new year.

As Adani is now being seen as the ‘man with the Midas touch’, investors of these companies will naturally be very happy if he acquires these businesses.

February 15, 2025 - First Issue

Industry Review

VOL XVI - 10
February 01-15, 2025

Formerly Fortune India Managing Editor Deven Malkan Assistant Editor A.K. Batha President Bhupendra Shah Circulation Executive Warren Sequeira Art Director Prakash S. Acharekar Graphic Designer Madhukar Thakur Investment Analysis CI Research Bureau Anvicon Research DD Research Bureau Manager (Special Projects) Bhagwan Bhosale Editorial Associates New Delhi Ranjana Arora Bureau Chief Kolkata Anirbahn Chawdhory Gujarat Pranav Brahmbhatt Bureau Cheif Mobile: 098251-49108 Bangalore Jaya Padmanabhan Bureau Chief Chennai S Gururajan Bureau Chief (Tamil Nadu) Ludhiana Ajitkumar Vijh Bhubaneshwar Braja Bandhu Behera

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