Hapag-Lloyd raises Baxi stake to 50%

Hapag-Lloyd has increased its stake in Indian ports and logistics group JM Baxi Ports and Logistics to 50%, confirming the move in its 2025 annual report, as tracked by analysts at Alphaliner. The Hamburg-based group first acquired a 35% stake in Baxi in early 2023 from US private equity firm Bain Capital, subsequently raising it …

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