{"id":57568,"date":"2026-07-01T14:16:01","date_gmt":"2026-07-01T14:16:01","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&p=57568"},"modified":"2026-07-01T14:16:01","modified_gmt":"2026-07-01T14:16:01","slug":"dsk-legal-advised-and-assisted-terminal-investment-limited-til-in-connection-with-its-partnership-with-adani-ports-and-special-economic-zone-limited","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/dsk-legal-advised-and-assisted-terminal-investment-limited-til-in-connection-with-its-partnership-with-adani-ports-and-special-economic-zone-limited\/","title":{"rendered":"DSK Legal advised and assisted Terminal Investment Limited (\u201cTiL\u201d) in connection with its partnership with Adani Ports and Special Economic Zone Limited"},"content":{"rendered":"

DSK Legal advised\u00a0and assisted\u00a0Terminal Investment Limited\u00a0(\u201cTiL\u201d),\u00a0the container terminal operating and investing arm of Mediterranean Shipping Company (\u201cMSC\u201d),\u00a0world\u2019s largest transport and logistics conglomerate, in connection with its partnership with Adani Ports and Special Economic Zone Limited,\u00a0pursuant to which\u00a0TiL will invest for 49% stake in Adani Vizhinjam Port Private Limited (\u201cAVPPL\u201d), the concessionaire for Vizhinjam Port (\u201cTransaction\u201d). The Transaction is subject to customary approvals, including regulatory ones.<\/strong><\/p>\n

APSEZ is India\u2019s largest and one of the world\u2019s fastest growing Integrated Transport Operator, and TiL is one of the world\u2019s largest container terminal operators and part of the MSC Group. Commissioned in December 2024, Vizhinjam port is India\u2019s first deep-draft mega transshipment port with 1.6 million TEU capacity. The port is undergoing expansion that will increase capacity 3.5x to 5.7 million TEUs by December 2028.<\/p>\n

TiL has agreed to invest USD 1.397 billion, equivalent to its proportionate 49% share of USD 2.85 billion.\u00a0The total consideration will be paid in two tranches: USD 539 million for the 49% stake\u00a0in AVPPL\u00a0and USD 858 million upon completion of the\u00a0Vizhinjam\u00a0port’s expansion by December 2028.This\u00a0Transaction is the single largest foreign private investment in Indian port infrastructure and is the third major collaboration between\u00a0APSEZ\u00a0and MSC, following successful joint ventures at\u00a0the\u00a0Mundra\u00a0port\u00a0(Container Terminal No. 3) and Ennore.<\/p>\n

DSK Legal assisted\u00a0TiL\u00a0in\u00a0inter alia<\/i>:\u00a0(i) advising on the overall transaction structure; (ii) conducting legal due diligence on\u00a0AVPPL;\u00a0(iii) drafting\/reviewing, negotiating and finalizing\u00a0the\u00a0Transaction documents including share purchase and subscription agreement, shareholders\u2019 agreement\u00a0and other ancillary\u00a0agreements;\u00a0and (iv)\u00a0merger control analysis and advisory.<\/p>\n

Deal Value: USD 2.85 billion<\/b><\/p>\n

The team at DSK\u00a0Legal\u00a0representing TiL comprised of:<\/p>\n

Transaction Team<\/b>:\u00a0Mr. Anjan Dasgupta<\/b>\u00a0(Partner),\u00a0Mr. Harvinder Singh<\/b>\u00a0(Partner),\u00a0Mr. Manhar Gulani<\/b>\u00a0(Principal Associate) and\u00a0Ms. Devika Rana<\/b>\u00a0(Principal Associate).<\/p>\n

Projects Team<\/b>:\u00a0Mr.\u00a0Anjan Dasgupta<\/b>\u00a0(Partner),\u00a0Mr. Avinash Kumar Khard<\/b>\u00a0(Partner)\u00a0and\u00a0Mr. Abhikalpa Ghosh<\/b>\u00a0(Senior Associate).<\/p>\n

Legal Due Diligence Team<\/b>:\u00a0Mr. Harvinder Singh<\/b>\u00a0(Partner),\u00a0Mr. Avinash Kumar Khard<\/b>\u00a0(Partner),\u00a0Ms. Roochi Loona\u00a0<\/b>(Partner),\u00a0Ms. Shruti Dogra<\/b>\u00a0(Partner),\u00a0Mr. Manhar Gulani\u00a0<\/b>(Principal Associate),\u00a0Ms. Mala Mehto<\/b>\u00a0(Principal Associate),\u00a0Ms. Devika Rana<\/b>\u00a0(Principal Associate),\u00a0Mr. Abhikalpa Ghosh<\/b>\u00a0(Senior Associate),\u00a0Ms. Diksha Mazumdar<\/b>\u00a0(Senior Associate),\u00a0Mr. Brijesh Ranjan Sahoo<\/b>\u00a0(Associate),\u00a0Ms. Sumedha Tewari\u00a0<\/b>(Associate),\u00a0Mr. Sameksh Shetty<\/b>\u00a0(Associate),\u00a0Ms. Shreya Khandelwal\u00a0<\/b>(Associate),\u00a0Ms. Mihika Mukherjee<\/b>\u00a0(Associate) and\u00a0Ms. Ishita Khosla<\/b>\u00a0(Associate).<\/p>\n

Competition Law Team<\/b>:\u00a0Mr. Abhishek Singh Baghel<\/b>\u00a0(Partner),\u00a0Mr. Shivam Sharma<\/b>\u00a0(Senior Associate),\u00a0Mr. Devraj Sood<\/b>\u00a0(Senior Associate) and\u00a0Ms. Vanshika Rana<\/b>\u00a0(Associate).<\/p>\n

Mr. Anjan Dasgupta<\/b>\u00a0acted as the relationship partner.<\/p>\n

Press Links:<\/p>\n

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  1. Adani:\u00a0APSEZ and MSC Group deepen long-term partnership; MSC\u2019s terminal arm, TiL, to invest in 49% share in Vizhinjam port in total deal value of USD 2.85bn<\/a><\/li>\n
  2. Scan X:\u00a0Adani Ports Expands MSC Partnership; TiL to Acquire 49% Vizhinjam Stake in $2.85bn Deal<\/a><\/li>\n
  3. \n
  4. Business Standard:\u00a0Adani Ports TiL Stake Deal: TiL to invest $1.4 billion for 49% stake in Adani’s Vizhinjam port | Company News – Business Standard<\/a><\/li>\n<\/ol>\n","protected":false},"featured_media":0,"template":"","class_list":["post-57568","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/57568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=57568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}