Adani Ports to acquire DVS Raju’s 58% stake in Gangavaram Port for $500m
The Adani Ports and Special Economic Zone (APSEZ) has signed a deal to acquire the 58.1% stake owned by DVS Raju and family in Gangavaram Port Limited (GPL), the holding company of the Gangavaram Port in Visakhapatnam (Vizag), Andhra Pradesh for INR 36.04 billion ($500 million). In this regard, the Adani Group company, subject to […]