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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

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