CAM, SAM act on $1.78bn Adani buy of AP Krishnapatnam port

Gautam Adani-led Adani Ports and Special Economic Zone Ltd (APSEZ) will buy a 75 per cent stake in Krishnapatnam Port Company Ltd, the entity that runs a private deep-water port at Krishnapatnam in Andhra Pradesh’s Nellore district, for ₹13,500 crore.

Hindu Business Line

Shardul Amarchand Mangaldas & Co (SAM & Co) advised the promoter of Krishnapatnam Port Company Limited, CV Rao, led by a team of partnerAmit Kumar, associateAnshul Asri, associateAayush Sood, associateKonark Deep Singh and associateDhananjay Lamba.

Cyril Amarchand Mangaldas and Ernst & Young advised Adani Ports and Special Economic Zone Limited.

2020-01-28

Deal value: Rs 13,500 crores

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