MACQUARIE Infrastructure Partners has won the race for Orient Overseas (International) Ltd’s Long Beach Container Terminal.
The Hong Kong-based shipping line, which was taken over by China’s Cosco Shipping Holdings Co, said it has agreed to sell the US asset for $1.78bn to Olivia Holdings, majority-owned by a fund run by Macquarie Infrastructure and Real Assets, which in turn is part of Australia's Macquarie Group.
MACQUARIE Infrastructure Partners has won the race for Orient Overseas (International) Ltd’s Long Beach Container Terminal.
The Hong Kong-based shipping line, which was taken over by China’s Cosco Shipping Holdings Co, said it has agreed to sell the US asset for $1.78bn to Olivia Holdings, majority-owned by a fund run by Macquarie Infrastructure and Real Assets, which in turn is part of Australia's Macquarie Group.
https://lloydslist.maritimeintelligence.informa.com/LL1127259/Macquarie-buys-OOCLs-Long-Beach-terminal-for-178bn
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