I Squared Capital to acquire 77% stake in Port of Barranquilla
I Squared Capital has received approval from Barranquilla Regional Port Society to acquire a 77% stake in the company. Once complete, I Squared will be the majority stakeholder in Port of Barranquilla.
The transaction is valued at about US$220 million. The 77% stake was previously held by Latin American investment fund, Southern Cross Group: Ocensa, and the Olympic Group.
Barranquilla Regional Port Society provides operation and maintenance services for Port of Barranquilla located in northern Colombia. It is a holding company of 5 logistics companies with more than 85 years of experience.
Country updates
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July 16, 2021
CFRO announces presentation of environmental impact study for Regiotram de Occidente
The Concesionaria Férrea de Occidente (CFRO) has announced the presentation of environmental impact study (EIA) findings for the Regiotram de Occidente project. The study will be carried o...
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July 05, 2021
Financial close achieved for USD742 million River highway PPP project in Colombia
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