Aegis Vopak Terminals plans Rs 2,800 crore IPO to reduce debt and expand operations
ET Intelligence Group: Aegis Vopak Terminals (AVTL), which operates liquid and gas storage tank terminals across major ports in India, plans to raise βΉ2,800 crore through fresh equity to repay debt and to fund capital expenditure. AVTL is a joint venture between Aegis Logistics, which owns 50.1%, and the Netherlands-based Vopak, which holds 47.4%. Afterβ¦
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