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Morgan Stanley to help Adani

Coal & Mining
November 1, 2014November 1, 2014
Morgan Stanley to help Adani
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Adani Group has appointed Morgan Stanley to advise on the possible sale of a stake in its Abbot Point coal port in Australia, as it looks to raise funds to help finance a A$7 billion ($6.2 billion) mine, rail and port project. Funds raised from the stake sale would be used to help finance Adani´s planned expansion of the port.

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