Gautam Adani bought Israel’s HAIFA Port for Rs.9,422 crore


A joint venture between Gautam Adani-led Adani Group and Israel’s Gadot Group has won the bid to privatize the port of Haifa in Israels for$1.18 a billion(Rs.9.422 crore).

Adani ports and Special economic zone(APSEZ) and Gadot Group hold 70 percent and 30 percent stakes in the consortium that will operate the Haifa Port.

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