Friday, 15 June 2007

UPDATE 1-Shanghai Port set to finalise Belgian buy -sources

(Reuters) - SIPG signed a framework agreement in September to buy 40
percent of a container terminal in Zeebrugge, Belgium, that was
built by APM Terminals, part of A.P. Moeller-Maersk Group
, for about 45 million euros .




The purchase would mark Shanghai International Port's first
major acquisition abroad and is likely to be part of a series of
overseas acquisitions by the company in the next few years, the
sources said.


Read more at Reuters.com Mergers News

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