IFLR1000

Chennai Port Trust $314 million acquisition of 74.49% stake in Kamarajar Port

8/4/2020
Public acquisition
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$ 314 million

Completed

8/4/2020

Overview:

  • State-owned port operator Chennai Port Trust has acquired a 74.49% stake in Kamarajar Port for $314 million.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Public acquisition

Practice area:

M&A

Industry sectors:

Transport
Social infrastructure

Firms:
Dentons Link Legal

Party: Chennai Port Trust (Acquirer)

DSK Legal

Party: Government of India (Seller)

Lawyer: Rishi Anand

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