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The ownership of the UK’s largest port operator, Associated British Ports (ABP), is again in question after it was revealed that the private equity fund led by US investment bank Goldman Sachs is preparing to sell its 33% stake.
Goldman Sachs’ investment vehicle, GS Infrastructure Partners, and Infracapital Partners, which is owned by Prudential, informed ABP bondholders some eight years after originally investing in the business.
The two investors were part of the Admirals Acquisition consortium, which also included Borealis Infrastructure and ...
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