Independent journal on economy and transport policy
01:22 GMT+2
BRAZILIAN CONSORTIUM WINS SANTOS CONCESSION
(Fairplay)
September 19, 1997
A Brazilian consortium has won the 25-year concession to operate South America's largest container terminal at Santos, paying almost $300m. The winning group, which comprises Opportunity Leste, pension funds Previs and Sistel, Multiterminais and 525 Participacoes, paid a 171 per cent premium over the base price of $105m. Local sources suggest there was some ...... Read more on Fairplay
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