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Adani said to weigh deal for 3 billion energy storage firm VTTI

Billionaire Gautam Adani is reportedly exploring a potential acquisition of Dutch energy storage group VTTI. Supply disruptions have made VTTI's facilities increasingly valuable for energy trading, attracting multiple suitors. A deal could value VTTI at around 3 billion, with IFM Investors and Vitol owning significant stakes. Adani Group has been evaluating international acquisitions to accelerate its growth in various sectors.

28 Oct 2026 9:25 pm