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Share Market Highlights 27 July 2023: Sensex falls 440 points, Nifty tests 19,650 on July contracts expiry; Cipla spurts nearly 10%

Share Market Highlights 27 July 2023: Sensex falls 440 points, Nifty tests 19,650 on July contracts expiry; Cipla spurts nearly 10%
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India s Adani Ports sells Myanmar port for just $30 million

Myanmar ports owned by India s Adani Ports sold for low $30 million

Adani Ports completes Myanmar port sale for $30 million

After renegotiation, the buyer will pay the $30 million sale consideration within three business days, followed by APSEZ transferring the equity and officially exiting the Myanmar Port

Adani Ports Concludes Sale Of Myanmar Port For $30 Million Via Share Purchase Agreement

Adani Ports and Special Economic Zone Ltd. has concluded the Myanmar port sale for a total consideration of $30 million, or Rs 245.21 crore. The amount has been calculated after independent valuation on an "as is, where is" basis. The company first announced the signing of a share purchase agreement for the sale of its Myanmar port in May 2022.

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