Gammon selling stake in Vizag Port

Gammon Infrastructure Projects plans to sell up to 35% of its 78% stake in the Vizag Seaport PPP in Visakhapatnam Port, India. Gammon will be seeking shareholder approval for the sale at an EGM on June 30.The 30-year BOT concession started commercial operations in 2004 and comprises two berths and a...