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Adani Ports and Special Economic Zone Declines to Comment on Reported Bid for UK Port Operator

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Adani Ports and Special Economic Zone (NSE:ADANIPORTS, BOM:532921) declined to comment on a media report that it is considering a bid for a controlling stake in U.K.-based port operator Associated British Ports.

The company does not comment on market speculation or rumours, it said in a Wednesday filing with the Indian bourses.

The Economic Times reported on Tuesday that Adani Ports is evaluating a bid for Associated British Ports, with two Canadian pension funds looking to sell their combined 63.9%.

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