mundra port and special economic zone (Citi) Abbot Point Acquisition: Pricey

Acquires Abbot Point Coal Terminal for AUD 1.8bn; An operational, profit making port; Negative for Mundra Port; Positive for Adani Enterprises; Strategy of dovetailing the parent - has Mundra port paid too much?
Date Rating Target Price Recommendation Price Broker house
3 May 2011 buy 163 144 Citi Report

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