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Brazil’s Simpar Sells Port Unit to ICTSI for US$353 Million

Rio Times

BusinessRio Times·Jul 24, 2026·1 min read

Brazil’s Simpar Sells Port Unit to ICTSI for US$353 Million

Brazilian logistics holding Simpar signed a binding deal to sell its Bahia port business to the Philippines' ICTSI for an enterprise value of R$1.8 billion (~US$353 million), a move analysts say will accelerate the group's deleveraging…

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