 "JSW Infrastructure Chairman Sajjan Jindal")
The Sajjan Jindal-led JSW Infrastructure was the best contender for acquiring APM Terminals' 43.01 per cent stake in Gujarat Pipavav Port, sources close to the development said on Friday.
APM Terminals is seeking to exit Gujarat Pipavav and has approached various players to buy its stake. Sources said JSW Infrastructure could be most interested in the acquisition.
“JSW Infrastructure will be ready to pay a premium to acquire the stake in Gujarat Pipavav. This acquisition will help it in automatically being listed on the stock exchanges,” a banking source told Business Standard.
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