RBSA will be transaction advisor for govt's disinvestment of Kamarjar Port

RBSA Advisors on Wednesday said it has been appointed exclusive transaction advisor to the government on the proposed disinvestment of Kamarjar Port Ltd

The disinvestment is likely to fetch the government between Rs 4000 crore and Rs 5000 crore.

RBSA Advisors, a global firm, specialises in valuation, diligence, M&A, restructuring, dispute matter. 

The government has in principle decided to disinvest 100 per cent of its equity in Kamarajar Port Ltd. (KPL) to Chennai Port Trust (ChPT) in a single-stage process by following the 'arms-length' principle--a business deal in which the buyers and sellers act independently and do not have any relationship to each