Spain’s Grup Maritim TCB has sold 25% of its Valencia’s Port Container Terminal (TCV) shareholding to Mitsubishi Corporation and Kamigumi Corporation (Mitsubishi). The 75% majority remains in the control of TCB.
The purchase price has not been made public.
The alliance with Mitsubishi will strengthen TCB’s potential for funding new and more ambitious international projects that require large investments and a partnership with a global integrated business of recognised solvency.
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