# The Adani Harbour International FZCO (TAHID), a step-down subsidiary of the company, has entered into a Share Purchase Agreement on May 15, 2026.

*business · news · 2026-05-18 · scanx.trade*

## Key points

- Adani Harbour International FZCO will acquire a 51% stake in Meridian Transportes Marítimos S.A. for USD 444.49.
- No governmental or regulatory approvals are required for this acquisition, enabling faster transaction closure.
- Meridian Transportes Marítimos S.A. secured a 10-year, six-vessel services contract with Southern Energy S.A. in December 2025.
- TAHID will also sell a 20% stake in a UAE-incorporated vessel-ownership company to a Logística y Servicios Marítimos S.A. affiliate.

**Companies:** Adani Ports & SEZ, Logística y Servicios Marítimos S.A., Meridian Transportes Marítimos S.A., Simpo S.A.
**Countries:** India, Argentina, United Arab Emirates

[Read the full story on scanx.trade](https://scanx.trade/stock-market-news/companies/adani-ports-unit-acquires-51-stake-in-meridian-transportes-mar-timos-s-a/40422301)

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