- Adani Ports agreed to sell 49% of Vizhinjam port to MSC/TiL for $1.397B in two tranches. Port (commissioned Dec 2024) is expanding to 5.7M TEU; deal needs approvals.
- Adani Ports (ADANIPORTS) disclosed a formal agreement with Mundi Limited. Company confirmed counterparties and existence of the transaction; no financial terms or timeline were provided.
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Key facts: Adani Ports to Sell 49% of Vizhinjam for $1.397B; Mundi
Adani Ports agreed to sell 49% of Vizhinjam port to MSC/TiL for $1.397B in two tranches. Port (commissioned Dec 2024) is expanding to 5.7M TEU; deal needs approvals.Adani Ports (AD