Friday, June 15, 2007

UPDATE 1-Shanghai Port set to finalise Belgian buy -sources

(Reuters) - SHANGHAI, June 15 - Shanghai International Port
, China's biggest port operator, expects to
finalise this year its purchase of a major stake in a Belgium
container terminal, sources close to the deal said on Friday.




SIPG signed a framework agreement in September to buy 40
percent of a container terminal in Zeebrugge, Belgium, that was
built by APM Terminals, part of A.P. Moeller-Maersk Group
, for about 45 million euros .


Read more at Reuters.com Mergers News

No comments: