Genma Kalmar RTGs for Damietta
NewsJiangsu Rainbow has been awarded a contract to supply 40 RTGs under the “Genma Kalmar” brand to the Damietta Alliance Container Terminal, Egypt.
According to Bloomberg, Kohlberg Kravis Roberts & Co (KKR) and Siemens plan to raise as much as €463.5M selling shares of Demag Cranes AG (including Gottwald Port Technology). Up to 14.95M shares will be sold for between €26 and €31each, including 1.95M in case of extra demand. Subscription takes place between June 7 and 19, with shares of the company, to be based in Dusseldorf, starting trade on June 20 in Frankfurt.
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