Close up businessmen shaking hands during a meeting. Handshake deal business corporate.
© | Dreamstime.com

REUTERS reports:

Infinity Logistics and Transport Ventures has agreed to buy Glencore’s warehousing and logistics business Access World for $176.7 million, it said on Monday in a regulatory statement.

Switzerland-based Access World handles about 20 million tonnes of commodity products a year, including oil and gas and industrial metals.

The business, which sources say has been up for sale for some time, facilitates metals storage in warehouses approved by the London Metal Exchange and COMEX, and provides ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER