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Essar Ports raises $31M from Antwerp Port Authority

BY  Bhawna Gupta
Deal structured through issue of GDRs, translating into stake worth 4% in public-listed Essar Ports.

Belgium’s Port of Antwerp International (PAI), an investing and consulting arm of Antwerp Port Authority, has invested Rs 175 crore ($31 million) in public-listed Essar Ports, one of India’s largest port operators involved in...

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