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

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Published Tue, Mar 31, 2015 · 09:50 PM

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    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 Infrastructure, the companies said in a statement on Tuesday.

    Goldman SachsPrudentialGIC

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