Adani Ports Agrees To Acquire Evos For Euros 2.56 Billion

Adani Ports to acquire 100% of Evos B.V., Europe's second-largest liquid storage operator with eight terminals, for EUR 1,184m equity (EUR 2.56bn EV) cash. CY25 revenue EUR 392m. Debt-funded, completion in 15 months pending approvals, pro forma net debt/EBITDA 2.76x. Context: first large European deal breaching 2.5x cap.