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Mumbai/New Delhi, Jun 27 (PTI) State-run Mazagon Dock Shipbuilders Limited (MDL) has decided to acquire a controlling stake in Sri Lanka's Colombo Dockyard PLC under a USD 52.96 million deal, a move that is expected to expand India's strategic presence in the island nation. MDL's decision marks its first international venture and is seen as a major milestone in the company's transformation from a purely domestic shipbuilder into a regional maritime player with global aspirations. "Located in t ...Read More >
New Delhi, Jun 27 (PTI) India's biggest warship builder Mazagon Dock Shipbuilders Ltd on Friday said it has decided to acquire a controlling stake in Colombo Dockyard PLC in an all-cash deal of about Rs 452 crore. The Mumbai-headquartered shipbuilder, in a regulatory filing, said the proposed acquisition will enable the company to strengthen its position in the ship repair and shipbuilding industry by unlocking operational synergies, enhancing research development capacities and expanding marke ...Read More >
Mumbai (Maharashtra) [India], June 27 (ANI): Mazagon Dock Shipbuilders announced on Friday it is set to acquire a controlling stake in Colombo Dockyard PLC (CDPLC), Sri Lanka's largest shipyard, in a deal worth up to USD 52.96 million. According to the state-owned company, this marks MDL's first international acquisition. Also Read | YouTube Channel Claims Govt Is Giving INR 4,500 Per Month To Unemployed Youth Under 'PM Berojgari Bhatta Yojana'? PIB Fact Check Debunks Fake News. Located in th ...Read More >
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