INFRASTRUCTURE
APSEZ To Sell 49% Stake In Vizhinjam Port To MSC’s Entity TiL For $1.4 Bn
Adani Ports and Special Economic Zone Ltd (APSEZ) and Mediterranean Shipping Company (MSC) Group’s terminal arm, Terminal Investment Ltd (TiL), have signed a definitive agreement under which TiL will acquire a 49% stake in Adani Vizhinjam Port Pvt Ltd (AVPPL) for $1.397 billion in total value of $2.85bn. The transaction marks the third strategic collaboration […]
