Adani Ports says it can easily acquire ‘strategic’ target Concor
- Adani Ports, which is India’s largest private port operator, has synergies with Concor as the latter owns inland ports -- called dry ports -- across the country in addition to providing rail transport for containers that are critical for port operations
Adani Ports & Special Economic Zone Ltd. expects to easily raise funds, without weakening its financial health, to acquire state-owned logistics firm Container Corp. of India Ltd., or Concor, in which the government is looking to divest its shareholding.
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