China pushes Cosco participation in consortium eyeing Hutchison buy
MSC’s continued pursuit to acquire the international port portfolio of Hutchison took a further twist ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Australian logistics outfit Brambles is to sell CHEP Aerospace Solutions to private equity group EQT Infrastructure in a deal worth US$130m, expected to be completed later this month.
CHEP was formed by Brambles in 2011 following its acquisition of four smaller container and pallet operators. It counts Qantas, AA and BA among its customers.
Brambles chief executive Tom Gorman said he believed EQT’s ownership would “continue to supply the financial and operational strength to deliver ongoing best-in-class service to CHEP’s customers”.
Comment on this article