VERIFIEDMint Companies·30 Jun 2026neutral

Adani Ports sells 49% stake in Vizhinjam port to shipping major MSC's unit in $1.4 bn deal

AI Summary

·Adani Ports is selling a 49% stake in its Vizhinjam port to a unit of Mediterranean Shipping Co.
·The deal is valued at $1.4 billion.
·The partnership aims to increase traffic and improve logistics at the Indian port.