Brookfield Asset Management is aiming to complete the sale of PD Port by the end of 2021. The company has reached out to potential bidders, who are ready to submit the bids for the GBP2 billion (US$2.75 billion) infrastructure managed by PD Ports.
Headquartered in Middlesbrough, PD ports own and operate 12 well-connected ports along the East coast of the UK. PD port employs more than 1,300 people and operates key markets in the North, South, Midlands, and Scotland, providing access to the hub ports of Europe and further afield.