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PSA International makes first foray into Canada with acquisition of port facility stake

Published Tue, Jul 31, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

PSA International on Tuesday said it would acquire 60 per cent of a port facility in Canada, making its first foray into Canada.

PSA said it has, through its wholly owned subsidiary PSA Canada Holdings Ltd, signed an investment agreement with Ashcroft Terminal (AT) to acquire 60 per cent of the business in Western Canada.

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