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.
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.