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Maersk invests hundreds of millions in Russian ports

APM Terminals acquires 37.5 percent of the Russian ports company, Global Ports, Bloomberg News reports.

Photo: Hanjin

The ports division of the Maersk Group, APM Terminals, buy three eights – 37.5 percent – of the Russian ports company, Global Ports.

According to a press release issued by the Russian company, the investment values Global Ports at approximately USD 2.3 billion which implies that APM Terminals pays USD 862.5 million.

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