Adani seeks CCI approval to acquire significant stake in PSP
Adani Infra, owned by a unit of Adani Enterprises, had in November 2024 said it would acquire 30.07% in PSP for Rs 685 cr i.e., an implied valuation of Rs 2,278 cr (Currently PSP has a mcap of Rs 2,550 cr). The stake will be acquired from the promopters, who currently own 60.14% in PSP. … Read more