Australia-based investor fund manager Babcock & Brown Infrastructure (BBI) has extended its European ports portfolio by taking a majority share in private operators in Italy and Belgium.
It has acquired 50.3% of the shares of Terminal Rinfuse Italia SpA (TRI), the dry bulk handling specialist with intallations in Venice, Genoa and Savona, for a reported price of A$92M, by buying 80% of Estate SpA (Italiana Coke group), which controls 62.9% of TRI....
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This complete item is approximately 400 words in length, and appeared in the July/August 2007 issue of Bulk Materials International, on page 1.
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