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Goldman Sachs, Prudential sell UK ports stake for £1.6b

BT_20150401_LEPORTS1_1592979.jpg
ABP owns and operates 21 ports in England, Scotland, and Wales including the port of Southampton (above).

Frankfurt

GOLDMAN Sachs Group Inc and Prudential plc agreed to sell a stake in Associated British Ports (ABP), the UK's leading port operator, for £1.6 billion (S$3.3 billion).

The stake of at least 30 per cent will be sold to Canada Pension Plan Investment Board (CPPIB) and Hermes

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