MSC Unit’s Strategic Investment in Adani’s Boxing Terminal at Kamarajar Port
Terminal Investment Ltd acquired a 49% stake in Adani Ennore Container Terminal Pvt Ltd from APSEZ for Rs 247 crore, with an enterprise value of Rs 1,211 Crore. The deal received security clearance from the Union government. This strengthens the partnership between APSEZ and MSC, who jointly operate the Adani International Container Terminal at Mundra Port.