Adani and MSC deepen partnership in Vizhinjam Port
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Adani Ports and Special Economic Zone and MSC have expanded their partnership through Terminal Investment Limited acquiring a 49% stake in Adani Vizhinjam Port Private Limited. The deal, valued at approximately $2.85 billion, marks a significant strategic investment in port infrastructure.
Adani Ports and Special Economic Zone and MSC have entered into a definitive agreement under which Terminal Investment Limited will acquire a 49% interest in Adani Vizhinjam Port Private Limited, the concessionaire for Vizhinjam port, at a total deal value of US$ 2.85 billion. TiLβs proportionate investment amounts to US$ 1.397 billion. The transaction, subject [β¦] The post Adani and MSC deepen partnership in Vizhinjam Port appeared first on Container News.