INSUBCONTINENT EXCLUSIVE:
Competition Commission of India has cleared Adani Ports' 10.4% stake acquisition in Gangavaram PortThe Competition Commission of India (CCI)
has cleared the acquisition of 10.4 per cent stake in Gangavaram Port Limited by Adani Ports and Special Economic Zone Limited.Adani Ports
approves proposed acquisition of 10.4 per cent of equity shareholding of Gangavaram Port Limited by Adani Ports and Special Economic Zones
Pradesh, Tamil Nadu and Odisha.Gangavaram Port Limited owns, develops and operates the deep-water port at Gangavaram in Andhra Pradesh under
a concession agreement on build-own-operate-transfer basis with the state government, the CCI notice said.
