Chennai Port Trust to buy government’s 67 per cent stake in Kamarajar Port for about Rs 2,380 cr

  • In a government-brokered deal, state-owned Chennai Port Trust will buy the 67 per cent stake it does not already own in Kamarajar Port Ltd, for about Rs 2,380 crore.
  • The inter-ministerial group, the core group on disinvestment and the alternative mechanism headed by the Finance Minister, cleared the Chennai-Kamarajar deal.
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