A.P. Møller Capital Gets Green Light for Port Terminals in West Africa
“The Commission concluded that the proposed acquisition would raise no competition concerns because of its limited impact on the market. The transaction was examined under the simplified merger review procedure.”
The European Commission has approved the acquisition of joint control over four project companies.
APMC is an affiliate of A.P. Møller Holding and was established to manage stand-alone funds to invest in infrastructure in emerging markets. The first fund is focusing on Africa.
Africa Infrastructure Fund I K/S (AIF 1), acting by its manager APMC, will acquire the shares in the project companies through Arise P&L Limited, a special purpose vehicle incorporated in the United Kingdom.
Maritime Business World