Adani Group to blend equity, debt for $2.9 billion Evos acquisition

The Adani Group, India's diversified multinational conglomerate, is structuring a mixed financing approach to fund its $2.9 billion acquisition of Evos, according to transaction details. The group will deploy equity capital equivalent to $1.45 billion, representing roughly half of the total deal value, with the remainder expected to be financed through debt instruments.

This financing strategy reflects a balanced approach to capital deployment, allowing the group to manage its leverage while securing the acquisition. The mixed funding model has become increasingly common among Indian corporations undertaking large-scale cross-border or domestic transactions, as it optimizes the cost of capital and maintains financial flexibility.

The Adani Group has built its portfolio through strategic acquisitions and organic growth across sectors including ports, power generation, and renewable energy. The Evos acquisition marks another significant expansion in the group's business holdings, though specific operational details regarding the target company's nature and market positioning were not immediately outlined.