Haifa port’s $1.2bn privatisation deal turns to concern
India-based Adani Ports and Israel-based Gadot won a privatisation tender for Israel’s Haifa port for $1.18bn, outbidding their competitors by a wide margin
Consortium has asked the Israeli Ministry of Finance to delay payment of $1.18bn. The request comes only weeks after a CreditSights reports said Adani Group was deeply overleveraged