Proposed sale by TIHL to Delo Group
Wednesday, 27 December 2017 08:00

Global Ports Investments Plc has announced that it has been informed by its shareholder, Transportation Investments Holding Limited ("TIHL"), that it has entered into an agreement to sell its 30.75% stake in Global Ports to Management Company "Delo" LLC, one of the largest private transportation and logistics holding companies in Russia, consolidating assets in the container and grain segments and providing tugboat and bunkering services in the port of Novorossiysk in the Black Sea Basin.


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