Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Adani Ports to buy Israel's Haifa Port with local firm for $1.18 bn
short by Apurva Bharadwaj / on Friday, 15 July, 2022
Adani Ports and Special Economic Zone have won a bid to acquire Israel's Haifa Port with local firm Gadot Group for $1.18 billion, Israel announced on Thursday. Adani Ports and Special Economic Zone will have a 70% stake and Gadot will hold the remaining 30%. Adani Ports said the acquisition will boost trade lanes with its Indian ports.
read more at Reuters