Adani Ports to buy Evos BV for 2.56 billion euros
In short
Adani Ports plans to buy all of Evos BV for an enterprise value of 2.56 billion euros. The deal is all cash and values Evos' equity at 1.18 billion euros.
The reported price and valuation multiple show this is a large overseas acquisition by Adani Ports.
What the reporting says
The deal is described as all-cash and values Evos at an equity value of 1.18 billion euros. The summary also cites an implied acquisition multiple of 11.7 times CY25 EV/EBITDA.
Why it matters
Adani Ports is set to acquire 100% of Evos BV in an all-cash deal valued at 2.56 billion euros enterprise value. The announced terms indicate a major acquisition for Adani Ports, with potential implications for its balance sheet and expansion strategy.