Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and operator, through its subsidiary Adani Kattupalli Port, is acquiring Kattupalli Port in Tamil Nadu from L&T..Cyril Amarchand Mangaldas advised Adani with a team led by Managing Partner Cyril Shroff along with Corporate Partner Vandana Sekhri..Wadia Ghandy & Co acted for L&T with a team led by Partner Gautam Ganjawala..The deal will help Adani to further strengthen its position in the ports business. The deal size is expected to be about Rs.2,000 – 3,000 crore, reports Mint.
