Macquarie Group Unit, Brazil-Based Asset Manager Complete Sale of Port Terminal Operator
MT Newswires Live
Yesterday
Macquarie Group's (ASX:MQG) Macquarie Asset Management and IG4 Capital completed the sale of Corredor Logística e Infraestrutura, an independent agri-bulk port terminal operator in Brazil, to Abu Dhabi Securities Exchange-listed AD Ports Group, the financial services group said in a statement on Tuesday.
The acquisition was valued at 3.1 billion United Arab Emirates dirhams and was completed upon the satisfaction of customary closing conditions, including regulatory and antitrust approvals, per the statement.
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