Independent journal on economy and transport policy
06:55 GMT+2
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3i Group finds the quota Scandlines in hand to Allianz Capital Partners
the transaction has a value of 165 million euros
November 5, 2013
The investment trust 3i Group plc has signed an agreement with Allianz Capital Partners (the ACP) in order to acquire the control of the Scandlines buying 49% of the capital of the company of navigation in hand to the ACP with an investment of 165 million euros. According to the forecasts, the transaction will be capacity to term within the end of this year.
3i it has announced that, in concomitanza with the acquisition of the quota the ACP, the company it has agreed the rinfinanziamento of the current debt positions through a package of the total value of 875 million euros.
3i Group and Allianz Capital Partners had bought each 40% of Scanlines in 2007 ( on 19 June 2007) and successively they had acquired remaining 20% of the company possessed from Deutsche Seereederei. In the past few months 3i and Allianz had sped up the presentation of offers for the acquisition of Scandlines.
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