Adani Ports transfers its 49% stake in the unit to Mediterranean Shipping in exchange for Rs 247 crore

Adani Ports transfers its 49% stake in the unit to Mediterranean Shipping in exchange for Rs 247 crore

In a statement on Friday, Adani Ports and Special Economic Zone Ltd (APSEZ) announced that it has entered into a second strategic partnership with Terminal Investment Limited (TiL), the MSC arm of Mediterranean Shipping Company, for the operation of Adani Ennore Container Terminal Pvt Ltd (AECTPL). The company’s partnership with TiL and MSC, as stated…