Adani Logistics buys InLogistics for Rs 331.5 cr

The company said the transaction implies an equity value of Rs 43.2 crore for 100 percent of InLogistics shares and 10 times multiple of its expected pre-tax earnings for FY19, which takes the enterprise valuation to Rs 33.5 crore.

from Moneycontrol Business News https://ift.tt/2HM8UPS