Announced
Financials
Sources
Tags
Sweden
Pending
Ports
Cross Border
Single Bidder
Private
Infrastructure
Denmark
ferry route
Friendly
Acquisition
Majority
Private Equity
Synopsis
First State Investments, an asset management business, agreed to acquire Helsingborg-Helsingør ferry route from Scandlines, a ferry operator, and Stena, a shipping line company. Financial terms are not disclosed. “We are convinced that having one owner on the Helsingør-Helsingborg route will benefit both employees and customers in the future. We look forward to continuing to offer an efficient and reliable transport service for passengers and customers in freight transport and on our other two routes," Søren Poulsgaard Jensen, Scandlines CEO.
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