APM Terminals divests Virginia

APM Terminals is divesting its facilities in the Port of Virginia, on the US East Coast, to Infrastructure Partnership. The price has not been made public, though estimates put it in the vicinity of USD 450 million.
BY LOUISE VOGDRUP-SCHMIDT AND KATRINE GRØNVALD RAUN

APM Terminals has now decided to let completely go of Virginia by divesting its terminal in the port, says the company in a statement.

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