Rio Times
Rio Times··1 min read
Abu Dhabi’s AD Ports Buys Into Brazil Grain Terminals in Record Deal
BRAZIL · BUSINESS Key Facts —The deal: Abu Dhabi’s AD Ports Group agreed to buy control of CLI, a Brazilian grain-and-sugar port-terminal operator, for around R$4.2bn ($835m). —A record: The transaction is AD Ports’ largest acquisition ever, and marks its entry into Brazil. —The sellers: Private-equity firm IG4 Capital and Australia’s Macquarie are exiting; IG4 […] The post Abu Dhabi’s AD Ports Buys Into Brazil Grain Terminals in Record Deal appeared first on The Rio Times .
Source: Rio Times
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