Global Infrastructure Partners (GIP), the private equity joint venture established by Credit Suisse and GE Infrastructure, has agreed to acquire a 25% interest in Chennai Container Terminal (CCT) through its International Port Holdings (IPH) portfolio company.
The transaction is conditional on obtaining regulatory clearance from the Government of India and approval from the Chennai Port Trust. Financial terms were not disclosed....
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This complete item is approximately 325 words in length, and appeared in the June 2007 issue of WorldCargo News, on page 11.
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