Mitsui bids for Portek

News-in-print by WCN Editorial

Japan’s Mitsui & Co revealed a S$221M (US$180M) bid for all the shares of Singapore-based international port operator Portek International just a few days before the deadline set by the Singapore Securities Council for a “mystery” second bidder to reveal its indentity and details of its offer (see WorldCargo News June 2011, p18).

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Business Mergers/Acquisitions/Restructuring ICTSI - International Container Terminal Services Mitsui Portek International

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