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Published: June 2007
GIP buys into Chennai box terminal
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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