Mumbai, Dec. 24 -- Adani Ports and Special Economic Zone Limited (APSEZ) has officially announced that it has completed the acquisition of natural deep-water North Queensland Export Terminal (NQXT) Australia, with a capacity of 50 million tonnes per annum, which supports Australia's resource industry.
The deal is pursuant to completion of all condition precedents, including approvals from 'majority of minority' shareholders, Reserve Bank of India (RBI), Foreign Investment Review Board of Australia, amongst others.
APSEZ has allotted 14,38,20,153 equity shares of face value Rs 2 each to the seller, Carmichael Rail and Port Singapore Holdings Pte Ltd, on a preferential basis, the statement mentioned.
"Closure of NQXT's acquisition is a sig...