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Volpi steps in for Marghera operator

Italian entrepreneur Gabriele Volpi, who made his fortune in the Nigerian oil and gas supply sector, has come up with a €60M bid for Porto Marghera bulk terminal operator Terminal Intermodale Adriatico (TIA), which is in receivership.
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Under the proposal, existing creditors would be paid as follows: €24M for Interporto Venezia, €23.5M for Sonora Srl, €8.85M for associated property benefits, and €11.65M for various participations in TIA.

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