VERIFIEDET Finance·30 Jun 2026positive

Adani Ports says Mundi will invest $1.4 billion for 49% stake in Vizhinjam Port

AI Summary

·Adani Ports has agreed to sell a 49% stake in its Vizhinjam port to TiL for $1.397 billion.
·The total valuation of the strategic partnership is $2.85 billion.
·The investment will be disbursed in phases and includes funds for port expansion.