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First State Investments to acquire Helsingborg-Helsingør ferry route from Scandlines and Stena

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Sweden

Pending

Ports

Cross Border

Single Bidder

Private

Infrastructure

Denmark

ferry route

Friendly

Acquisition

Majority

Private Equity

Synopsis

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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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