Hutchison's $22.8bn port sale – on the lookout for Gemini...
A ripple in many ports
The last major container lessor with publicly traded shares is set to go private after Textainer agreed to a takeover offer from infrastructure fund Stonepeak.
Rumours have been swirling the industry that a takeover offer may be on its way since Textainer’s share price – traded on the New York and Johannesburg stock exchanges – hit historic highs in August, and this week Textainer investors were rewarded after Stonepeak put together a $7.4bn offer (enterprise value), equating to $50 per share ...
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