HutchWatch: Beijing furious; Panama may have to wait
Beijing blindsided?
The long-running saga of the sale of Poland’s deepwater container gateway hub, DCT Gdansk, drew to close today.
A consortium of PSA International, state-owned Polish financial group PFR and institutional fund manager IFM Investors have signed a formal agreement to acquire the facility from Australia’s Macquarie.
The deal price was undisclosed, although a Reuters report in December valued it at $1.7bn.
PSA International group chief executive Tan Chong Meng said: “DCT Gdańsk is PSA’s first investment in Eastern Europe, and we look forward ...
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