A.P. Moller Capital Agrees to Acquire Majority Stake in Euroports
Acquisition Details and Stakeholders
Overview of the Acquisition
HELSINKI, Sept 28 (Reuters) - A.P. Moller Capital, the infrastructure investment arm of Denmark's A.P. Moller Group, said on Monday it had agreed to acquire a majority stake in European ports operator Euroports.
About Euroports
• Belgium-based Euroports operates more than 50 deep-sea and inland terminals across 10 European countries and China and handles more than 70 million tonnes of cargo annually, A.P. Moller capital said in a statement
Shareholders and Transaction Completion
• Belgian investment groups SFPIM and PMV will remain shareholders following completion of the transaction
Financial Terms and Approvals
• Financial terms were not disclosed and completion is subject to customary regulatory and other approvals
About A.P. Moller Capital
• A.P. Moller Capital is an infrastructure investor that is part of the wider Maersk family conglomerate that also controls shipping and logistics group Maersk
(Reporting by Essi Lehto, editing by Louise Rasmussen)
