Skip to main content

Cyril Amarchand Mangaldas has advised India’s Adani Ports and Special Economic Zone (APSEZ) on its 135.72-billion-rupee ($1.89 billion) acquisition of a 75 percent stake in Krishnapatanam Port Company (KPCL), which was represented by Shardul Amarchand Mangaldas.

This is the largest acquisition in the port sector in India. Krishnapatnam Port, located in Andhra Pradesh, is the second-largest private sector port in India with multi-cargo facility.

According to Reuters, the deal will help APSEZ meet its target of handling 400 million metric tonnes (MMT) of cargo by 2025.

The CAM team was represented by partners Cyril Shroff, L Viswanathan, Ravi Kumar, Paridhi Adani, Subhalakshmi Naskar, Subhalakshmi Naskar, Ankoosh Mehta, Avaantika Kakkar, Anshuman Sakle, Bharat Vasani, and Gauri Rasgotra.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com. 

Related Articles

Deals

Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.

Deals

CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Deals

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.