Independent journal on economy and transport policy
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DP World will acquire Logistic the Puertos Chilean y
It manages the multipurpose terminal Puerto Central in the port of San Antonio and possesses the private port of Puerto Lirquén
January 14, 2019
The terminalista group DP World of Dubay has tightened an agreement in order to buy 71.3% of the capital of the Logistic Puertos y (Pulogsa), society quoted to the Stock exchange of Santiago, quota that will be yielded by Minera Valparaiso and from other Mad shareholders who are under responsibility of the Chilean group. As a result of the understanding the Middle Eastern terminalista group will launch an offer of the value of 502 million dollars in order to acquire the entire capital of the Pulogsa. According to the forecasts, the acquisition will be completed within the first half of this year.
Pulogsa work the multipurpose terminal Puerto Central (PCE) in the port of San Antonio, with a contract of concession of the duration 20-year-old that has had beginning in 2011, and possesses and manages the private port of Puerto Lirquén (PLQ), in the Chilean region of the Bio Bio.
In the 2017 Puerto Central it has enlivened beyond 4,7 million tons of goods, with an increment of +75.9% on the year precedence, of which 2,3 million containerized tons of goods (+275.1%), 1,4 million tons of solid bulk (+21.2%), 1,0 million conventional tons of goods (+11.0%) and 32 thousand tons of liquid bulk (+83.8%). In the 2017 Puerto Lirquén it has enlivened almost 5,2 million tons of cargos (+1.5%), of which 2,8 million containerized tons of goods (+19.2%), 2,0 million conventional tons of goods (- 5.5%) and 409 thousand tons of bulk (- 10.1%).
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The terminalista group DP World of Dubay has tightened an agreement in order to buy 71.3% of the capital of the Logistic Puertos y (Pulogsa), society quoted to the Stock exchange of Santiago, quota that will be yielded by Minera Valparaiso and from other Mad shareholders who are under responsibility of the Chilean group. As a result of the understanding the Middle Eastern terminalista group will launch an offer of the value of 502 million dollars in order to acquire the entire capital of the Pulogsa. According to the forecasts, the acquisition will be completed within the first half of this year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
