Independent journal on economy and transport policy
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Brussels authorizes the acquisition of 49% of International Transportation Inc. by Brookfield
the quota is yielded by the shipowning group Japanese Mitsui O.S.K. Lines
March 6, 2014
The EU commission has authorized the combined acquisition of the International Transportation Inc. (ITI) by the Brookfield Infrastructure Fund GP II LLC and of the shipowning group Japanese Mitsui O.S.K. Lines (MOL). Brookfield has bought 49% of the share capital of the ITI, than in its turn it stops the entire capital of the terminalista society American TraPac ( on 16 January 2014). Brussels has concluded that the acquisition does not provoke worries on the front of the competition as ITI does not have activity in the European Economic Area neither previews to operate some.
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