Current Affairs · Corporate Acquisitions
In an overseas acquisition process initiated in 2025 and concluded recently, Mazagon Dock Shipbuilders Limited (MDL) expanded its maritime presence. Which of the following statements about this deal is/are correct? 1. MDL acquired a controlling 51% stake in Colombo Dockyard PLC, a shipyard company based in Sri Lanka. 2. This takeover was limited to a minority stake transaction of only 30% to facilitate non-controlling cooperation. 3. The acquisition deal was worth USD 52.96 million (approximately ₹452 crore) and was executed with Onomichi Dockyard Company Limited of Japan as the primary seller.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 2 and 3
- 2Only 1
- 3Both 1 and 3✓
- 4Only 3
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Both 1 and 3
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