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Investments

Adani Ports to sell 49% stake in Vizhinjam port to MSC's TiL for $1.4 billion

News ·

Adani Ports and Special Economic Zone will sell a 49% stake in Adani Vizhinjam Port to MSC Group's Terminal Investment Ltd. for $1.397 billion, valuing the Kerala port at $2.85 billion. The deal aims to expand capacity, boost cargo traffic and strengthen global trade connectivity, subject to approvals.

What this means

This story is part of Rail 24's ongoing investments coverage. We summarise reporting from News so you can quickly scan what changed and why it matters for travellers, commuters and the wider Indian transport sector, then read the full original article at the source. Rail 24 aggregates trusted investments sources and refreshes them continuously so you always see the latest developments in one place.

This investments update was reported by News on and curated by Rail 24. For the complete report, visit the original source below.

Read the full story at News

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