JSW infra in talks to buy SP Group arm Gopalpur Ports for Rs 3,000 crore

JSW Infrastructure is in discussions to acquire Gopalpur Ports, the ports arm of Shapoorji Pallonji, for an estimated enterprise value of 3,000 crore. The divestment is part of the Mistry family’s commitments to lenders in loan covenants. JSW Infrastructure sees Gopalpur Ports as a strategic fit that complements its steel-making operations.

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