Singapore invests in Terminal Investment Limited
Singapore’s sovereign wealth fund GIC has acquired a 10% interest in the sixth largest container terminal operator in the world, Terminal Investment Limited (TIL).
GIC acquired its 10% stake from Global Infrastructure Partners (GIP) and other existing co-investors.
TIL has a large portfolio that handles the container volumes of the 2M alliance, consisting of Maersk and MSC, in terminals located in Europe, Asia, North America, South America and West Africa.
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