Independent journal on economy and transport policy
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Brookfield acquires 50% of the society of APM Terminals that manages a container terminal to Port Elizabeth
the approval of the competent authorities is attended within two months
February 21, 2014
After the recent acquisition of 49% of the terminalista society American TraPac of the Japanese group MOL ( on 16 January 2014), the Canadian Brookfield Asset Management has realized another important acquisition in the harbour market American buying 50% of the share capital of the society of Dutch APM Terminals (shipowning group A.P. Møller-Mærsk) that it manages a container terminal to Port Elizabeth, in the port of New York and New Jersey. According to the forecasts, the joint venture new 50:50 would have to receive the approval of the competent authorities in the arc of next the two months.
"We are realizing this partnership - the managing director of APM Terminals has declared, Kim Fejfer - in order to strengthen our presence in the port of New York - New Jersey. Brookfield is one of the primary investor real summer in this field and has an important presence in the port through its recent collaboration with the Harbour Authority to "West Concourse" of the World Trade Center. Moreover Brookfield is one of the main total investor in the section of infrastructures, with important participation in the field in a series of nations in Latin America and Europe where we manage terminal and structures inland".
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