Temasek-backed PSA Group – M&A hunting has its own (MSC-like) flavour
Connecting dots and rumours
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
SPLASH 24/7 reports:
Singaporean terminal operator PSA International has bought a 75% stake in Istanbul-headquartered Alisan Logistics, a privately held company active in fast moving consumer goods (FMCG), chemicals, automotive industries and agro business. Upon transaction completion, Alisan will be grouped under the auspices of PSA’s cargo solutions arm, PSA BDP.
PSA’s group CEO Tan Chong Meng said, “The PSA Group has been actively collaborating with its stakeholders to offer logistics and supply chain solutions beyond the port. We strongly believe in the long-term growth potential of Türkiye and this investment re-affirms our strategic focus in extending PSA’s network and capabilities to serve cargo owners.”
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