India’s largest private port operator Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the acquisition of Krishnapatnam Port Co Ltd (KPCL) for an enterprise value of ₹12,000 crore. This will result in APSEZ having a 75% controlling stake in KPCL, the Adani group said in a press release.On 3 January, APSEZ had signed a deal to buy the port for an enterprise value of ₹13,752 crore.