Independent journal on economy and transport policy
09:07 GMT+1
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the Japanese MOL yields 49% of the terminalista society American TraPac to the Brookfield Canadian
The quota will be sold for about 201 million dollars
January 16, 2014
The shipowning group Japanese Mitsui O.S.K. Lines (MOL) has made official today the agreement with the Canadian investment trust Brookfield Asset Management Inc. that it previews the cession to this last one of 49% of the share capital of the International Transportation Inc. (ITI), holding company integrally controlled from the group MOL that stops the entire property of the terminalista society American TraPac, Inc. This quota share capital will be transferred to bottom BIF II TP Aggregator (Delaware) operated from Brookfield.
The group MOL has specified that the transfer of the quota constitutes the first phase of the alliance with Brookfield and has specified that from the cession 201 million dollars preview to gain proceeds for 21 billion yen ().
TraPac manages container terminal in the ports of Los Angeles, Oakland and Jacksonville. The Brookfiled Canadian, with Brookfield Infrastructure, is already anticipates in the harbour field through the British group PD Ports, of which it has acquired the entire property in 2009 ( of 8 October 2009), that it manages the English port of Teesport and work terminalistiche, harbour and logistic other asset to Billingham, Hartlepool, Hull, Schunthorpe, Thames, Felixstowe, Howden, Keadby and in the Isle of Wight, and through the terminalista group European Euroports, of which possesses 60% of capital (remaining 40% is subdivided between Antin Infrastructure Partners and Arcus Infrastructure Partners), that it manages harbour terminals and logistic activities in Belgium, France, Germany, Finland, Spain, China let alone in Italy where - through Terminal Bulk Italy (TRI) - mainly terminal for bulk manages sand banks in the ports of Vado Ligure and Marghera.
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The shipowning group Japanese Mitsui O.S.K. Lines (MOL) has made official today the agreement with the Canadian investment trust Brookfield Asset Management Inc. that it previews the cession to this last one of 49% of the share capital of the International Transportation Inc. (ITI), holding company integrally controlled from the group MOL that stops the entire property of the terminalista society American TraPac, Inc. This quota share capital will be transferred to bottom BIF II TP Aggregator (Delaware) operated from Brookfield.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
