Independent journal on economy and transport policy
08:25 GMT+2
Gujarat Pipavav Port put up for sale by APM Terminals
(The Economic Times)
June 8, 2017
By Indulal PM, ET Bureau
The Economic Times
MUMBAI: India's first private port, also one of its top five, is up for grabs. APM Terminals, the controlling shareholder, manager and operator of Gujarat Pipavav Ports Ltd (GPPL) is looking to exit its 12-year flagship investment as it no longer fits in with its core global business strategy. It has mandated HSBC to run a formal sale process and find a new buyer, said multiple sources aware of the development ...... Read more on The Economic Times
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