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Adani Ports Said to Win Lenders’ Backing for Bankrupt Karanja Terminal Buy - India Seatrade News
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Adani Ports Said to Win Lenders’ Backing for Bankrupt Karanja Terminal Buy - India Seatrade News
Adani Ports and Special Economic Zone (APSEZ) has reportedly secured backing from a lenders’ panel to acquire bankrupt Karanja Terminal & Logistics, marking another potential expansion move for India’s largest private port operator. According to market sources, creditors have supported Adani Ports’ bid under the insolvency resolution process, paving the way for the transaction to move toward final approvals and regulatory clearances. The acquisi…
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