Shanghai International Port buys APM Terminals stake
Date:06/01/10 | From:cargonewsasia | Click:
Shanghai International Port (Group) will spend US$33.3 million buying a 25 percent stake in APM Terminals Zeebrugge from Maersk Group as part of a planned global expansion, SinoCast reported.
Shanghai International Port is expected to become the second-biggest shareholder of APM Terminals Zeebrugge after the deal.