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APSEZ to sell 49% in Vizhinjam port to MSC Group arm
Adani Ports is selling a 49% stake in its Vizhinjam port project to MSC Group's port arm, TiL, for $1.397 billion. This deal values the Kerala port at a significant $2.85 billion, marking the largest foreign private investment in Indian port infrastructure. The agreement, signed Monday, strengthens the existing partnership between Adani and MSC, pending regulatory approvals.
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economictimes.indiatimes.com
Adani Ports says MSC’s terminal arm TiL will invest $1.4 billion for 49% stake in Vizhinjam Port
Adani Ports has partnered with MSC Group's TiL, which will invest $1.397 billion for a 49% stake in Vizhinjam Port. This significant foreign investment aims to bolster Vizhinjam's…
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thehindubusinessline.com
MSC to acquire 49% stake in Adani’s Vizhinjam port for ₹13,220 crore
MSC to acquire a 49% stake in Adani's Vizhinjam port for ₹13,220 crore, enhancing India's port sector investment.
