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 partner Amit Kumar, associate Anshul Asri, associate Aayush Sood, associate Konark Deep Singh and associate Dhananjay 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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