Independent journal on economy and transport policy
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Canadian owner denies plan to sell PD Ports
(JournalLive)
February 10, 2011
by Iain Laing, The Journal
THE Canadian owner of PD Ports has re-affirmed its backing for the Teesport owner despite pulling out of several UK development schemes.
Brookfield Asset Management, which bought the Middlesbrough-based ports company for a nominal sum in 2009, has sold its stake in three joint ventures with private equity firm Reuben Brothers after pulling out of the £4.5bn Brent Cross regeneration scheme in London ...... Read more on JournalLive
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