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Can Warburg Pincus-backed Gangavaram Port stand ground as Adani expands its net?

By Aman Malik

  • 15 Jan 2020
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Can Warburg Pincus-backed Gangavaram Port stand ground as Adani expands its net?
Credit: Pexels

In July 2015, reports emerged of Adani Ports & Special Economic Zone Ltd engaging in talks to acquire the Gangavaram port in Andhra Pradesh for $2.1 billion. But nothing came of that, and earlier this month the billionaire Gautam Adani-led company agreed to acquire a majority stake in the nearby ......

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