Adani Ports and Special Economic Zone (APSEZ) is considering a potential bid for Associated British Ports (ABP), the United Kingdom’s largest port operator.
According to reports, ABP operates 21 ports across the UK. Its portfolio includes the Hull Container Terminal and the Immingham Container Terminal.
Together, ABP’s ports handle around one quarter of the UK’s seaborne trade.
The company is currently owned by a consortium led by the Canada Pension Plan Investment Board (34%) and the Ontario Municipal Employees Retirement System (33%).
No formal offer has been announced.
