Mazagon Dock Shipbuilders Acquires Colombo Dockyard: A Strategic Move in India’s Maritime Expansion
Mazagon Dock Shipbuilders acquisition., 📌 Deal Highlights Stake Acquired: 51% in Colombo Dockyard PLC Deal Value: Approx. USD $52.96 million (~₹452 crore) Seller: Japanese firm Onomichi Dockyard Co. Ltd. Structure: Mix of primary shares (issued by CDPLC) and secondary purchase (from Onomichi) Regulatory Approvals: Pending in both India and Sri Lanka Target Completion: By … Read more