India: Adani Ports to buy minority stake in Andhra's Gangavaram Port

India: Adani Ports to buy minority stake in Andhra's Gangavaram Port

India Gate. Photo: Abhidev Vaishnav/unsplash

India’s largest private port operator Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has acquired 31.5% in Andhra Pradesh’s Gangavaram Port Ltd (GPL) from Warburg Pincus.

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