MSC-Adani Vizhinjam port deal: Kerala CM says State govt approval needed for share transfer
AI Summary
The Kerala Chief Minister stated that the state government approval is required for the transfer of stake in Adani Vizhinjam Port Private Limited. The MSC Group plans to acquire a 49% stake from Adani Ports for approximately ₹13,220 crore.
V.D. Satheesan informs Kerala Assembly that Adani Ports has not obtained approval for stake transfer yet. APSEZ had earlier announced that MSC Group will acquire 49% stake in Adani Vizhinjam Port Private Limited for around ₹13,220 crore
Politics Deals Real Estate Shipping Adani Ports MSC Group stake transfer Kerala government approval Vizhinjam Port port deal India