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Adani Logistics to acquire Innovative B2B Logistics Solutions for Rs 331.5 crore

Updated : March 28, 2019 10:40 PM IST

The transaction will be an all-cash deal and is expected to be completed by first quarter of the next fiscal, said ALL -- a wholly owned subsidiary of Adani Ports and SEZ Limited (APSEZ) -- in a release.
Karan Adani, CEO and Whole Time Director of APSEZ said with this acquisition, ALL will become the largest private rail and logistics park operator in India.
Adani Logistics to acquire Innovative B2B Logistics Solutions for Rs 331.5 crore

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