APSEZ to sell 49 per cent stake in its Ennore Container Terminal to MSC

APSEZ has announced the sale of a 49 per cent stake in its Ennore container terminal to Mediterranean Shipping Company (MSC) for Rs 2.47 billion. To this end, APSEZ entered into a share purchase agreement with Mundi Limited, an indirect subsidiary of Terminal Investment Limited and associate of MSC, on December 14, 2023.